BuyVIP.com is Amazon's latest fashion

10/7/2010 | MediaPost Communications

Amazon confirmed Thursday that it had acquired European fashion flash-sale site BuyVIP.com, in a move expected to boost the online retail giant's position in the world of online fashion retail as well as its overseas business. The company did not reveal the price tag for the acquisition, but some in the industry put it at close to $100 million.

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