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Brown Shoe Co. Sells Shoes.com Business

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Publicly traded Brown Shoe Co has sold its Shoes.com online business to online shoe-seller SHOEme.
SHOEme operates Shoeme.ca/com and OnlineShoes.com. Hardy Capital acquired both of these companies earlier this year.

SHOEme CEO Roger Hardy said “Predominantly, we’re acquiring the assets. That’s the URL, the customers and the history of the customers as well as the inventory.”
The way in which Shoes.com domain name was priced was not disclosed. However, considering the fact that RunningShoes.com sold for $700,000, the domain would be valued well over a million dollars.
 
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