EBags Reports Big Gains
EBags.com, an online luggage, handbag and backpack merchant, yesterday announced its fourth straight positive cash flow quarter and its first-ever positive cash flow fiscal year.The Denver-based company also reported orders were up 52 percent versus the prior year. Fourth-quarter orders increased 67 percent versus the prior year, eBags.com reported, adding that luggage, business cases, backpacks and urban gear experienced the largest sales gains.
EBags claims it sells more than 200 brands and 10,000 products and that it has sold 2.1 million bags since launching in March 1999.
