GoClothing.com Aquired by CoutureCandy.com
http://www.fashionnewspaper.com/articles/195/1/GoClothingcom-Aquired-by-CoutureCandycom/Page1.html
Maxamillion Blick
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By Maxamillion Blick
Published on 08/8/2007
CoutureCandy.com, one of the fastest growing online women's fashion boutiques, announced today that it has acquired GoClothing.com, including its inventory, trademarks and customer lists. The price of the transaction was not disclosed, but CEO Eric Jones of the Luxury Apparel Group Inc., revealed that it would be immediately accretive to earnings in the 3rd Quarter of 2007.
CoutureCandy.com Acquires Assets of GoClothing.com
CoutureCandy.com, one of the fastest growing online women's fashion boutiques, announced today that it has acquired GoClothing.com, including its inventory, trademarks and customer lists. The price of the transaction was not disclosed, but CEO Eric Jones of the Luxury Apparel Group Inc., revealed that it would be immediately accretive to earnings in the 3rd Quarter of 2007.
CoutureCandy, under the leadership of CEO/Co-Founder Eric Jones and Pres/Co-Founder Matthew Hunter, plans to quickly merge with existing GoClothing merchant accounts and customers. "Based in Southern California for over 7 years, GoClothing has also been doing business online, resulting with an impressive list of designer lines and customer relationships," says Eric Jones. "We are pleased to offer all GoClothing customers an enhanced boutique experience filled with compelling celebrity content, personal stylists and extensive media. In addition, we plan to offer substantial discounts to previous customers to provide incentive to become part of the ever-growing CoutureCandy family. "Our long term strategy is to re-introduce GoClothing as an off-price/off-season boutique sometime this fall".
About Luxury Apparel Group Inc.
Luxury Apparel Group is an industry-leading distributor of premiere online retailers specializing in catering to the unique styles of its female clientele. When Luxury Apparel Group launched http://www.couturecandy.com/ in 2005, it set the standard as a quality online destination for customers with a highly cultivated taste looking for the latest in designer fashions. Since CoutureCandy's launch, its reach has expanded exponentially thanks in large part to its creative original content, such as compelling newsletters featuring useful stylist tips and tricks of the trade. In 2006, CoutureCandy launched its groundbreaking Celebrity Style Section, making it easy for visitors to see the latest celebrity styles, as well as hear the freshest gossip. Now, with such exciting features as designer Podcasts and a definitive denim fit guide, CoutureCandy is not only a online store, it is a total style destination. 2007 saw the launch of Luxury Apparel Group's LabelSpree.com and Daszign.com, each specializing in a unique shopping niche. While LabelSpree is a discount destination featuring the hottest designers at unbelievable prices, Daszign is an upscale fashion destination for luxury brands of lavish quality.
Thank you for reading this article on the Fashion Newspaper site.
CoutureCandy, under the leadership of CEO/Co-Founder Eric Jones and Pres/Co-Founder Matthew Hunter, plans to quickly merge with existing GoClothing merchant accounts and customers. "Based in Southern California for over 7 years, GoClothing has also been doing business online, resulting with an impressive list of designer lines and customer relationships," says Eric Jones. "We are pleased to offer all GoClothing customers an enhanced boutique experience filled with compelling celebrity content, personal stylists and extensive media. In addition, we plan to offer substantial discounts to previous customers to provide incentive to become part of the ever-growing CoutureCandy family. "Our long term strategy is to re-introduce GoClothing as an off-price/off-season boutique sometime this fall".
About Luxury Apparel Group Inc.
Luxury Apparel Group is an industry-leading distributor of premiere online retailers specializing in catering to the unique styles of its female clientele. When Luxury Apparel Group launched http://www.couturecandy.com/ in 2005, it set the standard as a quality online destination for customers with a highly cultivated taste looking for the latest in designer fashions. Since CoutureCandy's launch, its reach has expanded exponentially thanks in large part to its creative original content, such as compelling newsletters featuring useful stylist tips and tricks of the trade. In 2006, CoutureCandy launched its groundbreaking Celebrity Style Section, making it easy for visitors to see the latest celebrity styles, as well as hear the freshest gossip. Now, with such exciting features as designer Podcasts and a definitive denim fit guide, CoutureCandy is not only a online store, it is a total style destination. 2007 saw the launch of Luxury Apparel Group's LabelSpree.com and Daszign.com, each specializing in a unique shopping niche. While LabelSpree is a discount destination featuring the hottest designers at unbelievable prices, Daszign is an upscale fashion destination for luxury brands of lavish quality.
Thank you for reading this article on the Fashion Newspaper site.