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eFashion International Holdings acquires the domain www.BrandedSales.com
Looking to spread its wings in the competitive designers fashion market , eFashion International Holdings (eFashion) based in Paris France on Thursday announced that they have successfully completed the acquisition of the domain name www.BrandedSales.com from Branded Sales Limited (Branded Sales) . The financial terms of the deal were not disclosed.
Looking to spread its wings in the competitive designers fashion market , eFashion International Holdings (eFashion) based in Paris France on Thursday announced that they have successfully completed the acquisition of the domain name www.BrandedSales.com from Branded Sales Limited (Branded Sales) . The financial terms of the deal were not disclosed.
Under terms of the deal, eFashion purchased Branded Sales eBusiness software, intellectual property and related assets associated with the operation of the online etailing business.
"We would like to inform all past and present customers of Branded Sales Limited that eFashion only acquires the online domain name (www.BrandedSales.com) and this does not constitute a management buyout or the acquisition of Branded Sales Limited's assets and liabilities, if any." Victor Whiteman Managing Director of eFashion's online etailing business said in a statement "eFashion International Holdings is in no way associated or related to Branded Sales Limited"
The acquisition comes as eFashion intends to expand the company's focus on etailing and eBusiness. "The deal gives eFashion a point of entry into online etailing market since the domain name www.BrandedSales.com have gained considerable values over the past 4 years of online operation" Stated Business Manager Charmaine Susan.
"We believe that this acquisition will be a key milestone in our ongoing effort to restructure and rebuild eFashion," James Morgan, Chairman of the Board of eFashion. "Going forward, we plan to deliver value to the customers we serve, to past and existing www.BrandedSales.com customers and ultimately to our shareholders, by focusing our efforts on the key drivers of eFashion and BrandedSales.com brand value: delivering quality, authentic and up to date fashion and accessories at a price customers can afford."
eFashion believes that there are tremendous values in it's acquisition of the domain name www.BrandedSales.com as the web site receives more than 800 unique hits per day. This enable eFashion to gain a instant foothold in the world of eBusiness and e-commerce. Furthermore the acquisition of Branded Sales Limited e-commerce software applications enable eFashion to jump start onto the e-commerce bandwagon immediately.
For more information visit our web site www.BrandedSales.com
For customers Services : Phone: +44 - (870)136-3785
eFashion International Holdings
22, avenue Hoche
75008 PARIS
France.
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