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Clothes.com sold for $4,9 million

Zappos, an electronic commerce company specializing in footwear seems to have bought the domain name clothes.com for $4,9 million.

 

The online shoe retailer bought the domain name from IdeaLab in 2008.
"In May 2008, we acquired the Clothes.com internet domain name from Idealab. The domain name was recognized as a purchased intangible asset with a useful life of 20 years. The entire purchase price of $4.9 million was assigned to the price of the domain name intangible asset and will be amortized on a straight-line basis over its remaining estimated useful life."
Because Amazon bought Zappos.com in July this year,Clothes.com now belongs to Amazon.com.

 

 

 

 

 

 
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