NEW YORK — How is it that has just secured $9 million in fresh funds, when so many e-tailers are struggling simply to survive?

Perhaps it has more than a little to do with the online off-pricer’s robust performance projections for the full year, in which it expects its volume to run up more than fourfold, surpassing $50 million, and its bottom line to be in the black for the fourth quarter. Further, the net profit trend is one that Carl S. Rosendorf, chief executive of the 22-month-old Web site, anticipates will continue throughout 2003.

To Read the Full Article

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus