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Hardy Capital buys two online shoe retailers
Seattle - Hardy Capital Partners, along with a small group of Canadian investors, have acquired 100% of OnlineShoes.com, a $140 million profitable online footwear retailer based out of Seattle. Hardy Capital Partners has also acquired 100% of ShoeMe.ca, a Vancouver-based online footwear retailer, for an undisclosed amount.
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Report: Search ad spend up 25% year-over-year
San Francisco -- Search ad spend increased 25% year-over-year and 2% quarter-over-quarter, according to Kenshoo, a leader in predictive media optimization technology.
Among the key findings in the research:
• Search click-through rate increased 26%, driving a 15% increase in clicks year-over-year;
• Social ad spend increased 51% year-over-year and 21% quarter-over-quarter; and
• Social impressions increased 13% year-over-year.