So the big sale this week on Sedo was MikiHouse.com. $224,224 for a domain that had been registered since 1999 and surprisingly had dropped two times previously.
As strange as the sale may seem, for the buyer it’s just a huge upgrade from their current .Com web address.
The buyer is MIKI SHOKO CO.,LTD out of Japan.
According to their site, Miki House sells “premium fashion for children since 1971”
Their current web address for the worldwide market is Mikihouse-usa.com, which from a domain perspective is pretty horrible.
Maybe even more amazing the company does not own the domain mikihouseusa.com, that is owned by someone in Staten Island NY.
The company main website and domain is on a .jp (country code for japan) domain; mikihouse.co.jp
According to their site the company
“MIKI SHOKO CO., LTD. is Japan’s leading premium manufacturer and retailer of clothing, shoes and accessories for children. Founded in 1971 in Osaka, Japan, the company opened the first MIKI HOUSE store in Kyoto, Japan, in 1978. In 1987, MIKI HOUSE started its global expansion and opened the stores in world premium shopping locations such as St. Honore in Paris, via Montenapoleone in Milan, Harrods in London and Bloomingdale’s. Currently, it operates more than 300 stores in Japan and 50 stores in Paris, Milan, London, Moscow, Vancouver, Turkey, Ukraine, China, Hong Kong, Singapore, South Korea and United States
“In the US market, the company currently operates four stores at Bloomingdale’s 59th Street in New York City, The Aventura Mall in Florida, The Mall at Millenia in Florida, and San Francisco Centre in California”
The seller does not live too far away from me in Chadds Ford, Pa.
The site was developed and dealt with bad breath.
Surprised they were willing to go through Sedo and there was no NDA. They must have wanted some free exposure.
Or have hired a broker to assist with the sale. Sedo does that bit too.
How do you spell lucky?
M-I-C-K-E-Y M-O-U-S-E
Er, I mean, M-I-Ki-I-H-O-U-S-E. C-O-M
Win-win for both parties.
This is an absolute travesty on so many levels… the buyer was misguided, the seller had a windfall, and the rest of us lost money.
Ammar what do you mean “the rest of us lost money”?
You just got to love these out of the blue huge sales. Just goes to show the money is out there if you have the foresight.