Friday, July 16, 2010

eBags.com: Record Sales, Profits

Denver-based eBags, the online retailer of luggage, handbags, and other products, said today that it has had record sales and profits for its fiscal year ending June 30, 2010. The privately held firm did not disclose actual financials. however, the firm said saw an increase in sales of 13 percent from a year ago, and adjusted EBITDA up 142 percent. The firm said the records were driven by increases in messenger bags and luggage sales.