Amazon.com acquires fashion retailer Shopbop.com | VailDaily.com
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Amazon.com acquires fashion retailer Shopbop.com

SEATTLE – Amazon.com Inc. said Monday it has acquired privately held fashion retailer Shopbop.com, and plans to continue to run the site separately.Terms of the sale were not disclosed.In a statement, Amazon.com said Shopbop.com, which specializes in high-end fashion, would maintain its base in Madison, Wis.Amazon.com’s also sells clothing through its main Web site. The company said Shopbop.com is meant to complement that business.The Seattle-based Internet retailer, which started business selling primarily books, has since expanded its offerings to include everything from food to jewelry.Amazon.com shares were up 27 cents, or less than 1 percent, to $38.62 in midday trading Monday on the Nasdaq Stock Market.


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