In conducting a comprehensive review of our online businesses, we decided that the disproportionately high cost of running iTurf.com prohibited ongoing investment, |
In recent months our Internet presence has significantly exceeded our expectations, ... As we look ahead, we believe there are a multitude of opportunities for us to further penetrate the 'Generation Y' retail market via the Internet . . . and our widely recognized brand name provides us with significant first-mover online advantages in the teen market. |