December 9, 2002, 12:00 AM will acquire from GSI Commerce

GSI Commerce will become a shareholder in as part of the sale of Ashford to the online jewelry retailer.

Online jewelry store has agreed to buy upscale gift retailer from GSI Commerce Inc. GSI, which made its mark in the Internet retailing world as Global Sports, the operator of major sporting goods retailers, bought Ashford just over a year ago as a way to diversify its web offerings.

Before its acquisition by GSI Commerce, was a public company with annual revenues of more than $45 million. As part of the deal, GSI will become a shareholder in

“The strong brand heritage and loyal customers of Ashford create an excellent match with our luxury goods infrastructure and overall category expertise,” said Alan Lipton, president and CEO of

comments powered by Disqus




From The IR Blog


Cynthia Price / E-Commerce

4 tips for improving email marketing results

Every piece of data you collect can help you serve your audience exactly what they ...


Bart Mroz / E-Commerce

How smaller retailers can utilize data as effectively as Amazon

Smaller companies have more constraints, but once they set priorities can still benefit greatly from ...

Research Guides