November 23, 2007 12:17 ET 40.4% Growth Forecasts Record Cyber Monday

With Over 14,000 Purses, eBags' Handbags Category Drives Growth Into Holiday Season

DENVER, CO--(Marketwire - November 23, 2007) - As Cyber Monday approaches, anticipates a strong holiday, announcing company orders have increased 40.4% in the preceding week (versus last year). eBags' handbags category continues to power growth with a weekly increase of 76.9% in the past year-over-year.

With over 14,000 handbag choices, -- the world's largest online retailer of handbags, luggage, backpacks and travel accessories -- leads the way towards becoming the ultimate purse destination, with top names such as Betsey Johnson, Cole Haan, kate spade, Fossil, Rafe, GUESS, Kathy Van Zeeland, Fergie for Kipling™, M Missoni, and Tignanello.

"We're pleased with our recent growth and excited about the momentum leading into the holiday season," said Jon Nordmark, CEO and co-founder of "eBags' growth is largely attributed to improving the customer shopping experience by nearly doubling our handbag variety from trendy brands, offering 1.2 million unbiased customer reviews, incorporating videos throughout the site, and engaging in Web 2.0 vehicles like Facebook and YouTube."

This week, launched its exclusive On the Streets shop, an online boutique showcasing emerging handbag designers.

"We're proud of the progress made towards expanding eBags' assortment of over 50 up-and-coming boutique designers," said Nancy Behrendt, senior director of merchandising at "On the Streets is ideal for women looking for the perfect bag for every occasion; it's a way for shoppers around the country to discover trendsetting handbag styles from designers who aren't available in local brick and mortar stores."

eBags holiday incentives include:

--  eBags' Cyber Monday SALE: Get an EXTRA 20% OFF
--  Shop the week of Cyber Monday, get 20% cash back when you use PayPal
--  FREE Shipping (minimum order of $75)
--  Don't Pay Til Next Year!: Use PayPal Pay Later, make no payments for
    90 days ($50 minimum)
--  Last-minute gifts? Upgrade to FREE 2nd Day Air shipping (December 14th-
    December 19th)


eBags is the world's leading online retailer of handbags, luggage, backpacks and accessories. With 6.9 million bags sold, eBags features 500 brands and 33,000 products from names such as The North Face, Dakine, JanSport, Samsonite, Francesco Biasia. eBags proudly donates 10% of the retail price of each Pick Pink product towards fighting breast cancer. Please visit

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