Spring: Ebay partners with Spring for online fashion boutique

Ebay Inc. announced that it has partnered with Spring, an online retailer selling men's, women's and lifestyle items, for an online boutique offering brands like Chloe, David Yurman and Rag & Bone. Spring will have a dedicated "storefront" on eBay's site. Ebay has 171 million active buyers and, according to the company, 81% of merchandise sold on the site is new. The partnership comes at a time when Amazon.com Inc. is beefing up its online fashion offerings with private labels and partnerships with companies like Nike Inc. . Ebay shares are nearly flat in Thursday premarket trading, and up almost 29% for the year so far. The S&P 500 index is up 11.6% for 2017 to date.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.