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The funds gained from the IPO allowed Amazon to grow quickly, making its first three acquisitions on April 27, 1998, less than a year after the company had gone public. [2] After the dot-com bubble burst on March 11, 2000, several companies that Amazon had invested in went bankrupt, with Amazon's stock price itself sinking to record lows. [3]
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Amazon on a special stamp promoting the 1938 German "Brown Ribbon" horse races. The city of Samsun in modern-day Samsun Province, Turkey features an Amazon Village museum, to help bring attention to the legacy of the Amazons and to promote both academic interest and tourism. An annual Amazon Celebration Festival takes place in the Terme ...
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Founded as a men's clothing manufacturer in 1985, the business was purchased by Inditex Group in 1991, who expanded the range to women's clothing in 1992. The first UK Shop was opened on Regent Street, London in 2003.
Shopbop was acquired by Amazon.com in February 2006. [12] [4] At the time of the deal it was selling 103 different lines of high-end clothing. [13] Since the acquisition Shopbop ran almost completely independently from Amazon, that also sells clothes and accessories, [14] [2] and even competed with it. [15]
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