<p>As part of the deal eBay will assume brands4friends’ equity interests in UK shopping club SecretSales.com and in Japan’s brands4friends.jp, it said.<br /><br />The deal is expected to close in the first quarter of 2011.<br /><br />Brands4friends, which has about 3.5 million members in Germany, sells goods from fashion and lifestyle brands including Buffalo, Calvin Klein and Diesel. The Berlin-headquartered company was founded in 2007 and employs about 200 people, eBay said.</p>
<p>As part of the deal eBay will assume brands4friends’ equity interests in UK shopping club SecretSales.com and in Japan’s brands4friends.jp, it said.<br /><br />The deal is expected to close in the first quarter of 2011.<br /><br />Brands4friends, which has about 3.5 million members in Germany, sells goods from fashion and lifestyle brands including Buffalo, Calvin Klein and Diesel. The Berlin-headquartered company was founded in 2007 and employs about 200 people, eBay said.</p>