Shoebuy.com Achieves Record Holiday Traffic and Sales

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Shoebuy.com well exceeds expectations with 5,000,000 shoppers in December.

We are extremely pleased with how the holiday season turned out

It was a very merry holiday season at Shoebuy.com which experienced 5,000,000 visitors in December making it one of the most heavily visited ecommerce destinations in the world. December's strong results showed an increase in traffic of over 65 percent from last year.

"We are extremely pleased with how the holiday season turned out" said Scott Savitz, Founder and CEO of Shoebuy. "We have always focused on offering a superior value proposition, but to see the site resonate in such a way with so many consumers is terrific validation to the success of online retailing and a wonderful testament to the loyalty of our customer base and the fantastic brands we work with."

Shoebuy.com, which is rated by Shopzilla as one of the top eTailers in the country for outstanding service, offers 450 plus brands, over 500,000 products and more than $3 billion in inventory with repeat buying currently making up more than 60 percent of total sales.

In addition to its broad selection of fashionable and in-demand shoes, Shoebuy.com also attributes some of the success this holiday season to a Holiday Gift Center that highlighted more than 10,000 great gifts, including slippers, fun children's shoes, holiday/party shoes, winter boots and wonderful small goods, such as wallets, watches and other accessories for men and women. Customers also took advantage of an enormous selection of "Quick Ship" items that were guaranteed to ship same day via free UPS Ground. Popular brands this season included Crocs, New Balance, Merrell, Stride Rite, Sperry Top-Sider, Daniel Green, Naturalizer, Timberland, Stuart Weitzman, Easy Spirit, Skechers and so many more.

According to Bill Pryor, COO of Shoebuy, "We work every day to provide the best user experience for consumers and to remain on the forefront of technology. It is this focus on our customers and to being truly scalable that has allowed us to win so well in a category that many believed would not translate well online."

According to a study by Forrester, 2006 sales of footwear online grew to $2.9 billion, compared to $954 million in 2002. The same study predicts footwear online sales to grow to an astounding $5.2 billion by 2010.

The Shoebuy.com site has become a favorite shopping destination for millions of shoppers with an unmatched selection of brands, styles, materials, colors and sizes; an advanced search that allows you to search by size, width, color, heel height or country of origin; as well as great conveniences including free shipping, free return shipping, and hundreds of thousands of product reviews.

Shoebuy also operates Bagsbuy.com, which carries more than 200 brands and represents all categories of bags including handbags, luggage, laptop bags, baby gear and backpacks.

About Shoebuy.com:
Shoebuy.com is the largest retailer on the Internet focused on all categories of footwear and related apparel. Shoebuy.com has partnerships with more than 450 manufacturers and represents more than 500,000 products from top brands including adidas, Aerosoles, Allen-Edmonds, Bostonian, Brooks, Clarks England, Dockers, Donald J Pliner, Dr. Martens, Easy Spirit, Fila, Florsheim, Franco Sarto, Hush Puppies, Johnston & Murphy, K-Swiss, Keds, Mephisto, Merrell, Mezlan, Naturalizer, New Balance, Reebok, Rockport, Sebago, Skechers, Sperry Top-Sider, Stride Rite, Timberland, Tommy Hilfiger, and many more. Shoebuy.com also operates Bagsbuy.com, which represents all categories of bags including handbags, backpacks, luggage, baby gear, briefcases and laptop bags. Shoebuy.com is an operating business of IAC.

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Teresa Tao
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