Gilt Groupe
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The Off-Price War Heats Up
From stalwarts like T.J. Maxx and Nordstrom Rack to venture-backed newcomers and online luxury resellers, a multitude of discount retailers are all vying for a piece of the growing off-price market, which will thrive amid the lingering global recession.
New York’s Fashion and Beauty Startup Scene Is Having a Moment
Investors like the new breed of fashion companies that have an Instagram-fuelled intimate relationship with their customers.
Hudson’s Bay Company Announces 2,000 Job Cuts, Including Senior Management
The Canadian-American department store conglomerate is flattening its hierarchy across businesses, realising more than $350 million in annual savings when the changes are fully implemented.
With Gilt, Hudson’s Bay Company Bets Big on Off-Price
Nearly nine months after its acquisition of the flash-sales pioneer, president Jonathan Greller, chief merchant Kristen Sosa and HBC chief executive Jerry Storch discuss how Gilt Groupe fits into the company’s greater strategy.
Bits & Bytes | Gilt Groupe Sold for $250m, Wearables at CES, Under Armour Gadgets
Bits and Bytes is a weekly roundup of the most important news in the fast evolving fashion-tech space.
Hudson’s Bay to Acquire Gilt Groupe for $250 Million
Gilt Groupe Holdings Inc., a startup once valued at about $1 billion, agreed to be acquired by Hudson’s Bay Co. for $250 million in cash.
Bits & Bytes | Gilt Nears Deal, Subscription Start-Ups, Matchesfashion.com's Growth
Bits and Bytes is a weekly roundup of the most important news in the fast evolving fashion-tech space.
Bits & Bytes | NowManifest, Gilt, Ky Harlin, Pebble Watch
Bits & Bytes is a weekly roundup of the most important news in the fast evolving fashion-tech space.
Bits & Bytes | Amazon Fashion, Gilt Groupe, Moda Operandi, Pinterest
Bits & Bytes is a weekly roundup of the most important news in the fast evolving fashion-tech space.
Flash Sale Site Rue La La Attracts Gilt for Potential Sale
Online flash sale site Rue La La, which counts eBay as an investor, is exploring a sale that could value the company at around $400 million, people familiar with the matter said on Monday.