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Clothes.com Came With When Amazon Bought Zappos

Posted on August 7th, 2009 by admin in Domain News | 1 Comment »

zappos-bigWhen Amazon purchased online shoe retailer Zappos for $928 million in July, it got the Clothes.com domain in the package. Zappos had earlier bought the domain from Idealab for $4.9 million probably with the aim to branch out into online clothes sales.

George Kirikos pointed this out to TechCrunchAmazon’s SEC filing mentions the Clothes.com acquisition:

In May 2008, we acquired the Clothes.com internet domain name from Idealab. The domain name was recognized as a purchased intangible asset with a useful life of 20 years. The entire purchase price of $4.9 million was assigned to the price of the domain name intangible asset and will be amortized on a straight-line basis over its remaining estimated useful life.

This revelation makes Clothes.com the second highest sale amount this year after Toys.com ($5.1 million).

One Response to “Clothes.com Came With When Amazon Bought Zappos”

music videos, August 8th, 2009 at 10:32 am

Domains like this are gold

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