GEORGETOWN, Grand Cayman
Nov. 14, 2013
/PRNewswire/ -- Domain industry leaders, DomainNameSales.com and igloo.com, have been engaged to conduct a private sales process for what is arguably one of the world's most valuable domain names,
. Whether it's a current industry leader seeking to establish a new brand or a fashion industry start-up ready to take a huge leap off the starting blocks, the successful acquirer of Fashion.com will enjoy a distinct competitive advantage through instant brand recognition and global market leadership perception.
The worldwide fashion and apparel industry is at an all-time economic high. According to a recent Bloomberg study, the fashion industry is expected to set new growth records each year through at least 2016. . In 2010, the fashion industry experienced a 7% growth while in 2013 it has experienced a 9% growth.
The math is simple. There are Seven Billion people on the planet. If each of those purchased one pair of shoes, one pair of pants, and a jacket that would be 21 Billion articles of clothing. Only focusing on the US market, the average household spent
each, while worldwide the entire industry exceeded
offers the new owner a clean slate to create something fresh and completely innovative for this growing market. Descriptive, category owning domain names have historically been the most valuable properties on the Internet, clearly demonstrating the potential value of the
For additional information or to make a confidential offer please go to fashion.com or call +1-508-689-9569, ext 201.
About Domain Names Sales - DomainNameSales was founded in 2001 by Internet entrepreneur
. DomainNameSales brings together the owners of the world's most premium domains, providing a platform helping them to connect with interested businesses and individuals.
About Igloo.com - Igloo.com assists both businesses and domain owners in the overall planning and execution of their domain strategy. We specialize in domain acquisitions, branding needs, and sales for our clients. Domains can be complicated and Igloo provides the opportunity to leverage years of industry experience to help maximize success.