Gilt news and archive

Gilt partners with stylist Rachel Zoe for curated shops

Online fashion outlet destination Gilt has announced a partnership with Rachel Zoe to create special curations. The celebrity stylist and fashion designer will handpick items across womenswear, menswear and home decor for two online boutiques. The second edition will be focused on Mother's Day gift recommendations. Gilt functions as a membership...

Business

Rue La La to acquire Gilt

Flash sale brand Rue La La has confirmed that it is to acquire Gilt, from the Hudson’s Bay Company to create a “multi-brand growth platform”. Both e-commerce destinations will continue to operate independently a statement confirmed, with both Rue La La and Gilt “retaining their unique identities and serving distinct customer segments,” while...

BusinessFeatured

Gilt puts IPO on hold yet keeps fundraising

The online fashion flash sales retailer has reportedly secured new investment valued at circa 50 million dollars. Gilt has confirmed this round of financing, led by current investor General Atlantic, with participation from other Gilt investors and a new strategic partner. As published by ‘Re/Code’, the new cash injection comes as Gilt has put...

Design

Adrianne Shapira joins Gilt's board

Gilt, the online designer flash-sale website, has appointed Adrianne Shapira to the company's board of directors. "Adrianne's wealth of experience in both traditional retail and e-commerce makes her a terrific fit for our board," said Kevin Ryan, founder and chairman of Gilt. "Her perspective and leadership at a luxury brand will be a great...

Design

Gilt CEO joins Nike’s board of directors

Michelle Peluso, current Chief Executive Officer of online retailer Gilt, has been appointed to Nike’s board of directors. Philip H. Knight, Nike co-founder and chairman, said: "Michelle’s leadership experience in marketing, branding, innovation and digital media for global brands makes her an outstanding addition to our board. “We look forward...

Design

Stuart Weitzman launching digital pop-up with Gilt

Luxury footwear label Stuart Weitzman is partnering with Gilt to launch a digital pop-up shop to celebrate the twentieth anniversary of its signature over-the-knee 5050 boot. For the first time, online flash sale site Gilt has created a dedicated microsite for the pop-up, 5050bootcamp.com, which will offer a 20-piece anniversary collection...

Video

Brian Atwood launches handbags

Shoe designer to the stars Brian Atwood has launched his first-ever handbag collection on Gilt.com, the members-only online retailer. His debut collection will be exclusive to Gilt for the complete first season and features four clutch styles ranging in price from $1,050 and $1,850. The luxury line includes, a basic envelope clutch that comes in...

Fashion

Gilt Groupe considers going public

Gilt Groupe, the parent of online fashion designer sale website Gilt, is expected to go public in 2012. The company, which sells discounted luxury fashion brands online via 'flash' sales, would hope to be generating $1bn in annual sales. “I think it’s entirely possible that in 2013, depending on the markets and depending on how things are going,...

Design

Gilt.com goes global

Online ‘flash sale’ shopping destination, Gilt.com, has announced that it is expanding its e-commerce offering to over 90 countries. The members-only site, which launch in the US in 2007, will offer consumers from all over the world access to its insider prices and up to 60% off retail, and for a limited time all international customers will...