content: <PAGE>
  
  
                         SECURITIES AND EXCHANGE COMMISSION
  
                               Washington, D.C. 20549
  
  
  
  
                                      FORM 8-K
  
  
                                   CURRENT REPORT
  
     Pursuant to Section 13 or 15(d) of the Securities and Exchange Act of 1934
  
  
        Date of Report (Date of earliest event reported): September 13, 2001
  
  
                                 GLOBAL SPORTS, INC.
               (Exact name of registrant as specified in its charter)
  
  
            Delaware                     0-16611                   04-2958132
  (State or other jurisdiction    (Commission File Number)      (I.R.S. Employer
        of incorporation)                                      Identification No.)
  
  
                                  1075 First Avenue
                              King of Prussia, PA 19406
                (Address of principal executive offices and zip code)
  
         Registrant's telephone number, including area code: (610) 265-3229
  
  <PAGE>
  
  ITEM 5.  OTHER EVENTS
  
           On September 13, 2001, Global Sports, Inc. (the "Company"),
  Ashford.com, Inc. ("Ashford") and Ruby Acquisition Corp., a wholly owned
  subsidiary of the Company ("Merger Sub"), entered into an Agreement and Plan of
  Merger and Reorganization (the "Reorganization Agreement") pursuant to which the
  Company has agreed to acquire Ashford. Pursuant to the Reorganization Agreement
  and subject to the terms and conditions set forth therein, Merger Sub will merge
  with and into Ashford (the "Merger"), and at the effective time of the Merger
  each outstanding share of Ashford's common stock will be converted into the
  right to receive a combination of cash in the amount of $0.125 and 0.0076 of a
  share of the Company's common stock. All outstanding options to purchase shares
  of Ashford common stock will terminate immediately prior to the effective time
  of the Merger, and any outstanding warrants to purchase Ashford common stock
  that do not by their terms terminate as a result of the Merger will be assumed
  by the Company and exchanged for warrants entitling the holder, upon the
  exercise of the warrants, to the merger consideration described above. The
  Merger is subject to customary closing conditions, including the approval of
  Ashford stockholders. The Merger will be accounted for as a purchase.
  
           In connection with the execution of the Reorganization Agreement,
  certain significant stockholders of Ashford (including members of Ashford's
  board of directors, members of management and other insiders of Ashford) have
  entered into Voting Agreements by which they have agreed to vote shares
  representing approximately 33% of Ashford's currently outstanding common stock
  in favor of the adoption of the Reorganization Agreement and related matters.
  
           Copies of the Reorganization Agreement and the form of Voting Agreement
  are attached to this report as Exhibits 2.1 and 2.2, respectively. The foregoing
  description is qualified in its entirety by reference to the full text of such
  exhibits. A copy of the joint press release issued by the Company and Ashford
  announcing these transactions is incorporated by reference as Exhibit 99.1.
  
  ITEM 7.  FINANCIAL STATEMENTS AND EXHIBITS
  
           (a)   Financial statements of business acquired.  Not applicable.
  
           (b)   Pro forma financial information.  Not applicable.
  
           (c)   Exhibits.
  
  Exhibit No.       Description
  -----------       -----------
  
  2.1               Agreement and Plan of Merger and Reorganization, dated as of
                    September 13, 2001, among Global Sports, Inc., a Delaware
                    corporation, Ruby Acquisition Corp., a Delaware corporation,
                    and Ashford.com, Inc., a Delaware corporation.
  
  2.2               Form of Voting Agreement, dated as of September 13, 2001,
                    entered into between Global Sports, Inc., a Delaware
                    corporation, and certain stockholders of Ashford.com, Inc., a
                    Delaware corporation.
  
  99.1              Joint press release dated September 14, 2001, incorporated by
                    reference to the Form 425 filed by Global Sports, Inc. on
                    September 14, 2001.
  
  
  
  
  <PAGE>
  
                                     SIGNATURES
  
           Pursuant to the requirements of the Securities Exchange Act of 1934,
  the registrant has duly caused this report to be signed on its behalf by the
  undersigned hereunto duly authorized.
  
  
  
                               GLOBAL SPORTS, INC.
  
  
  
                               By:      /s/ Michael G. Rubin
                                  ----------------------------------------
                               Name:  Michael G. Rubin
                               Title: Chairman and Chief Executive Officer
  
  
  Dated:  September 18, 2001
  
  <PAGE>
  
                                  INDEX TO EXHIBITS
                                  -----------------
  
  2.1  Agreement and Plan of Merger and Reorganization, dated as of September 13,
       2001, among Global Sports, Inc., a Delaware corporation, Ruby Acquisition
       Corp., a Delaware corporation, and Ashford.com, Inc., a Delaware
       corporation.
  
  2.2  Form of Voting Agreement, dated as of September 13, 2001, entered into
       between Global Sports, Inc., a Delaware corporation, and certain
       stockholders of Ashford.com, Inc., a Delaware corporation.
  
  99.1 Joint press release dated September 14, 2001, incorporated by reference to
       the Form 425 filed by Global Sports, Inc. on September 14, 2001.
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text: SECURITIES AND EXCHANGE COMMISSION
  
                               Washington, D.C. 20549
  
                                      FORM 8-K
  
                                   CURRENT REPORT
  
     Pursuant to Section 13 or 15(d) of the Securities and Exchange Act of 1934
  
        Date of Report (Date of earliest event reported): September 13, 2001
  
                                 GLOBAL SPORTS, INC.
               (Exact name of registrant as specified in its charter)
  
            Delaware                     0-16611                   04-2958132
  (State or other jurisdiction    (Commission File Number)      (I.R.S. Employer
        of incorporation)                                      Identification No.)
  
                                  1075 First Avenue
                              King of Prussia, PA 19406
                (Address of principal executive offices and zip code)
  
         Registrant's telephone number, including area code: (610) 265-3229
  ITEM 5.  OTHER EVENTS
  
           On September 13, 2001, Global Sports, Inc. (the "Company"),
  Ashford.com, Inc. ("Ashford") and Ruby Acquisition Corp., a wholly owned
  subsidiary of the Company ("Merger Sub"), entered into an Agreement and Plan of
  Merger and Reorganization (the "Reorganization Agreement") pursuant to which the
  Company has agreed to acquire Ashford. Pursuant to the Reorganization Agreement
  and subject to the terms and conditions set forth therein, Merger Sub will merge
  with and into Ashford (the "Merger"), and at the effective time of the Merger
  each outstanding share of Ashford's common stock will be converted into the
  right to receive a combination of cash in the amount of $0.125 and 0.0076 of a
  share of the Company's common stock. All outstanding options to purchase shares
  of Ashford common stock will terminate immediately prior to the effective time
  of the Merger, and any outstanding warrants to purchase Ashford common stock
  that do not by their terms terminate as a result of the Merger will be assumed
  by the Company and exchanged for warrants entitling the holder, upon the
  exercise of the warrants, to the merger consideration described above. The
  Merger is subject to customary closing conditions, including the approval of
  Ashford stockholders. The Merger will be accounted for as a purchase.
  
           In connection with the execution of the Reorganization Agreement,
  certain significant stockholders of Ashford (including members of Ashford's
  board of directors, members of management and other insiders of Ashford) have
  entered into Voting Agreements by which they have agreed to vote shares
  representing approximately 33% of Ashford's currently outstanding common stock
  in favor of the adoption of the Reorganization Agreement and related matters.
  
           Copies of the Reorganization Agreement and the form of Voting Agreement
  are attached to this report as Exhibits 2.1 and 2.2, respectively. The foregoing
  description is qualified in its entirety by reference to the full text of such
  exhibits. A copy of the joint press release issued by the Company and Ashford
  announcing these transactions is incorporated by reference as Exhibit 99.1.
  
  ITEM 7.  FINANCIAL STATEMENTS AND EXHIBITS
  
           (a)   Financial statements of business acquired.  Not applicable.
  
           (b)   Pro forma financial information.  Not applicable.
  
           (c)   Exhibits.
  
  Exhibit No.       Description
  -----------       -----------
  
  2.1               Agreement and Plan of Merger and Reorganization, dated as of
                    September 13, 2001, among Global Sports, Inc., a Delaware
                    corporation, Ruby Acquisition Corp., a Delaware corporation,
                    and Ashford.com, Inc., a Delaware corporation.
  
  2.2               Form of Voting Agreement, dated as of September 13, 2001,
                    entered into between Global Sports, Inc., a Delaware
                    corporation, and certain stockholders of Ashford.com, Inc., a
                    Delaware corporation.
  
  99.1              Joint press release dated September 14, 2001, incorporated by
                    reference to the Form 425 filed by Global Sports, Inc. on
                    September 14, 2001.
  SIGNATURES
  
           Pursuant to the requirements of the Securities Exchange Act of 1934,
  the registrant has duly caused this report to be signed on its behalf by the
  undersigned hereunto duly authorized.
  
                               GLOBAL SPORTS, INC.
  
                               By:      /s/ Michael G. Rubin
                                  ----------------------------------------
                               Name:  Michael G. Rubin
                               Title: Chairman and Chief Executive Officer
  
  Dated:  September 18, 2001
  INDEX TO EXHIBITS
                                  -----------------
  
  2.1  Agreement and Plan of Merger and Reorganization, dated as of September 13,
       2001, among Global Sports, Inc., a Delaware corporation, Ruby Acquisition
       Corp., a Delaware corporation, and Ashford.com, Inc., a Delaware
       corporation.
  
  2.2  Form of Voting Agreement, dated as of September 13, 2001, entered into
       between Global Sports, Inc., a Delaware corporation, and certain
       stockholders of Ashford.com, Inc., a Delaware corporation.
  
  99.1 Joint press release dated September 14, 2001, incorporated by reference to
       the Form 425 filed by Global Sports, Inc. on September 14, 2001.