DENVER, Jan. 3 /PRNewswire/ -- eBags.com announced its third straight positive cash flow quarter and its first ever GAAP profitable quarter (includes non-cash expenses such as depreciation and amortization). The company also disclosed record holiday sales, up 101% versus the prior holiday period. Luggage, business cases, travel accessories, and urban gear experienced the largest sales gains. Jon Nordmark, CEO of eBags.com, commented, "eBags is proud to be one of the few online retailers to achieve sustained profitability." He continued, "to have sales increase over 100% during the holidays is a testament to a great team as well as a dynamic and scaleable business model, especially during such a disappointing holiday season for the overall retail sector." Mike Frazzini, Vice President of IT, added, "what was especially rewarding was that visitors to the eBags.com site purchased at a rate that was 86% higher than last year, validating that the site enhancements we made led to a better shopping experience." In addition, eBags.com recently announced a partnership with TUMI, the leading brand of prestige luggage and accessories, to develop and maintain TUMI's e-commerce initiative ( www.tumi.com ). eBags.com also recently launched a strategic alliance with Amazon.com whereby over 6,000 eBags products are currently sold on the Amazon.com apparel and accessories store. About eBags.com eBags.com is the world's leading online provider of bags and accessories for all lifestyles. With over 150 brands and 7,000+ products, eBags.com has sold over 1.6 million bags since launching March 1999. From luggage to backpacks, handbags to business cases, eBags.com offers well-known brands including Samsonite, JanSport, The North Face, Liz Claiborne, and Adidas. eBags.com was named "Website of the Year" by Catalog Age Magazine for the second year in a row and "Email Marketer of the Year" by ClickZ/MessageMedia. eBags.com is funded by Benchmark Capital, Technology Crossover Ventures, and Amerindo. Additional information can be found at www.ebags.com .