/ E-Retailers

Diamond.com predicts profits in Ashford.com acquisition

Diamond.com is expecting Ashford.com to double Diamond’s sales and make the online jeweler profitable. Diamond says Ashford will allow it to leverage its bulk buying discounts and marketing expertise in luxury goods.

Posted 12/16/2002Kurt PetersPost a comment

Ashford will spin off recent acquisition Guild.com

Luxury online retailer Ashford.com is spinning off its art division, Guild.com, which it acquired just last January. Ashford will continue to own a minority interest in Guild.

Posted 07/23/2001Kurt PetersPost a comment

/ E-Retailers

Ashford.com to acquire GUILD.com

Ashford.com, an Internet luxury retailer, will acquire GUILD.com, an online retailer of contemporary art. The addition of GUILD.com will complement Ashford's already large selection with more than 10,000 works from more than 1,500 artists. GUILD.com will receive approximately 8.7 million shares of Ashford stock. "The combination of GUILD.com and Ashford will create a host of marketing and operating synergies as well as providing additional...

Posted 01/30/2001Don DavisPost a comment

/ Press Release

Ashford.com Announces Closing of GUILD.com Acquisition

HOUSTON, May 3 -- Ashford.com (Nasdaq: ASFD), the leading e-commerce destination for corporate and personal gifts and rewards, today announced the completion of the acquisition of GUILD.com, originally announced January 4, 2001. The addition of GUILD.com will complement Ashford`s already extensive selection with more than 10,000 quality works from more than 1,500 practicing artists. GUILD.com will receive approximately 8.7 million shares of...

Posted 05/03/2001