Business News Acquires Web-Based Segment of The Purse Store

2008-08-13 09:00:00

    BOSTON, Aug. 13 /EMWNews/ --, an online retailer of

upscale handbags and accessories, has acquired the online assets of The

Purse Store, a clothing and accessories retailer based in Baltimore,

Maryland. The Purse Store recently announced plans to liquidate its

e-commerce site as well as its brick-and-mortar store locations.

    Acquisition of The Purse Store's web-based segment included purchase of

the company's URL, Beginning August 15, all

traffic to this website will be automatically redirected to

    "The Purse Store has developed a tremendous following in the Washington

D.C. area and online, and this acquisition represents an important step in

the growth and development of our website on a national level," said Sarah

Johnson, CEO of

    Financial terms of the deal were not disclosed.


    Founded in 2004, is a leading online destination for

modern designer handbags and accessories. The company offers a broad

selection from over 20 designers, including Rebecca Minkoff, Botkier, and

Kooba, and also operates a brick-and-mortar boutique on Boston's Newbury


Contact: Jennifer Dziubeck Marketing/PR Manager Luna Boston Phone: 774-279-1467 [email protected]

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