Amazon.com Announces Record-Breaking Watch Sales in Third Quarter Amazon Jewelry & Watches Store Offers the Largest Selection and Industry-Leading Prices on Watches
SEATTLE--(BUSINESS WIRE)--Nov. 8, 2005--Amazon Services, an
Amazon.com, Inc. (Nasdaq:AMZN) company, today announced
record-breaking sales of watches in the Amazon Jewelry & Watches
Store. Watch sales grew more than 150 percent in the third quarter of
2005 verses the same quarter last year. The company attributes the
sales growth to increased customer awareness of the Jewelry & Watches
Store, as well as its unparalleled selection and industry-leading
prices.
The Amazon Jewelry & Watches Store offers customers the largest
selection of new watches anywhere, with more than 40,000 watches from
over 250 brands including Timex, Casio, Citizen, Movado, TAG Heuer,
Omega, Fossil, Tissot, Invicta, Bulova and Swiss Army
(www.amazon.com/watches). Prices range from $10 to $100,000.
The Amazon retail business leverages the efficiencies of its
business model to offer customers significantly lower prices than
other retailers--often more than 50 percent lower. Additionally,
customers can often compare the exact same watch from several
different sellers, enabling them to find the lowest price and best
availability on Amazon.com.
"Customers want watches ranging from the digital sports watch
purchased before starting a new fitness program, to the gold and
diamond watch celebrating an anniversary that will become a family
heirloom," said Steven Goldsmith, vice president, Amazon Jewelry &
Watches. "We are pleased that Amazon.com offers customers one place to
find any watch they're looking for at a substantial discount."
Third-Quarter Snapshot:
Best-Selling Watch: Titanium Citizen Skyhawk Eco-drive for
$250
Most Expensive Watch Sold: Breitling Windrider Cockpit 187 for
$7,295
Most Popular Brand: Tag Heuer (starting from less than $399)
Every watch offered on Amazon.com is guaranteed to be authentic,
and all third-party purchases are backed by Amazon.com's A-to-Z
guarantee. For more information on the A-to-Z Guarantee, please visit
the Help section on Amazon.com.
About Amazon.com
Amazon.com, Inc., a Fortune 500 company based in Seattle, opened
on the World Wide Web in July 1995 and today offers Earth's Biggest
Selection. Amazon.com seeks to be Earth's most customer-centric
company, where customers can find and discover anything they might
want to buy online, and endeavors to offer its customers the lowest
possible prices. Amazon.com and other sellers offer millions of unique
new, refurbished and used items in categories such as beauty, health
and personal care, jewelry and watches, gourmet food, sports and
outdoors, apparel and accessories, books, music, DVDs, electronics and
office, toys and baby, and home and garden.
Amazon.com and its affiliates operate seven retail Web sites:
www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr,
www.amazon.co.jp, www.amazon.ca, and www.joyo.com.
As used herein, "Amazon.com," "we," "our" and similar terms
include Amazon.com, Inc., and its subsidiaries, unless the context
indicates otherwise.
Forward Looking Statement
This announcement contains forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933 and Section 21E
of the Securities Exchange Act of 1934. Actual results may differ
significantly from management's expectations. These forward-looking
statements involve risks and uncertainties that include, among others,
risks related to potential future losses, significant amount of
indebtedness, competition, management of growth, potential
fluctuations in operating results, international expansion, outcomes
of legal proceedings and claims, fulfillment center optimization,
seasonality, commercial agreements, acquisitions, and strategic
transactions, foreign exchange rates, system interruption, consumer
trends, inventory, limited operating history, government regulation
and taxation, fraud, and new business areas. More information about
factors that potentially could affect Amazon.com's financial results
is included in Amazon.com's filings with the Securities and Exchange
Commission, including its Annual Report on Form 10-K for the year
ended December 31, 2004, and all subsequent filings.
CONTACT:
Amazon.com
Amazon Media Relations, 206-266-7180
SOURCE:
Amazon.com
