| An SI Board Since November 1998 |
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11/17/98 - Bluefly reports that has reached an alliance with Lycos to be its "premier commerce vendor."
11/17/98 - LCOS reports that it had hits from 45% of all Web users during the month of October. It also reported 1Q revenues up 166%, and usage up 51% to 36 million page views per day.
9/14/98 - Red Burns joins BFLY's Board of Directors. Burns is widely regarded as one of the Internet's most influential figures, and her addition to the Board bolsters the Company's ability to produce the industry's most fully featured and user-friendly apparel Web site.
She was chosen by Interactive Week as one of the ''Top 25 Influential People on the Net,'' by Crain's NY Business as one of the top 100 leaders of New York's economy, and by New York Magazine for ''New York Cyber Sixty.'' Say Burns, ''I'm excited to be working with Pivot Rules. I think the Bluefly Web site is a good example of how to use technology as a means to a creative end. In developing Bluefly.com, the Company has placed an emphasis on substance as well as function, and has made tremendous progress towards delivering on its promise to be the most enjoyable way to shop for clothing.''
Jupiter Communications has increased its estimates of online apparel sales by 365% to $330 billion from $37.5 billion in 2002 and has predicted that between 1998 and 2002 apparel sales will be the fastest growing product category online. Jupiter predicts that within 10 years electronic commerce sales will surpass the sales of the entire catalog industry.
BFLY also trades warrants under BFLY, and has a float of 2.2 million shares. An amazon.com in the making?
They already sell Calvin Klein, Ralph Lauren, Tommy Hilfiger, Donna Karen, etc. apparel at 25-75% off retailers.
Get a BFLY quote @ quote.yahoo.com
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