Online retailer taps former Borders CEO, Staples exec as chief executive

New York — The former head merchant for Staples and former CEO of Borders has been named president and CEO of eBags Inc.

The eBags board of directors appointed Mike Edwards as president, CEO and member of the board of directors effective immediately. He also joins the company as a new investor.

Edwards most recently held the position of executive VP of global merchandising for Staples Inc.

"There is no better person to lead eBags than Mike Edwards," said Jon Nordmark, co-founder and chairman of the Board of eBags, Inc., which also owns Handbags.com. "Mike is a proven leader with outstanding merchandising, marketing and omnichannel skills. He's a visionary, adept at working in companies from $7 million to $22 billion in revenues. “

At Staples, Edwards was responsible for the merchandising strategy and new business development, assortment planning, as well as vendor programs for the retail, online, and contract sales divisions. Over three years, Edwards helped expand Staples assortment from 33,000 to 1.5 million SKUs and formed partnerships with such brands as Apple and Bose.

Prior to Staples, Edwards joined Borders in September 2009 as executive VP, CMO and was appointed president and CEO of Borders, and president, Borders Group in 2010 through 2011.

"I could not be more enthusiastic about joining the eBags team,” Edwards said. “The potential to build on the strong platform of ecommerce and mobility will fuel global growth. I am excited to lead the talented eBags' associates during the next stage of success for the company. In addition, I am passionate about the bag category and travel space, and look forward to eBags continuing to provide the best customer experience in the industry."