acquires for increased shoe retailing presence

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Online shoe retailer Inc. has signed a definitive agreement to purchase the assets of online shoe retailer from parent luggage retail firm eBags Inc.'s acquisition of, formerly, is aimed at expanding its shoe offerings. The deal is expected to close within three months. Terms of the transaction were not disclosed.

"Zappos recognized that there are some consumers who are looking for a different set of features, so 6pm will continue to run as a separately branded Web site," said Tony Hsieh, CEO of "By appealing to consumers who are looking for different features, we hope that Zappos and will help expand the online shoe retailing space." will keep its separate Web site at, which focuses on women's and men's shoes with brands such as The Cole Haan, Timberland and Nike.

The e-commerce platform will be transitioned to run on the same technology and backend systems used to power Zappos will take over operations of in Nevada and Kentucky.

The move comes after Internet retailer Inc. launched its shoe and handbag Web site last January and Gap Inc. unveiled footwear and accessories site last fall.


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