gilt group news and archive

Simon partners with Rue La La on new digital outlet marketplace

Global retail company Simon has contributed close to 280 million dollars towards a new multi-platform venture dedicated to digital value shopping, created in partnership with Michael Rubin of Rue Gilt Group. Rue Gilt Group operates premier online marketplaces that connect more than 25 million members with luxury designers at remarkably low...

Fashion

Fashion tech start ups in momentum

Last year saw an influx of new fashion tech start-ups, taking queue from early pioneers such as Gilt Groupe and Ideeli, where previously the industry had been hesitant to embrace new technologies, mobile apps and digital platforms. And with no shortage of new ideas or interest from financial backers, this trend shows no signs of slowing down in...

Fashion

Online flash fashion sales less flashy

Private online flash sales of discounted luxury goods appear to have lost some of their flash. According to Reuters, flash websites such as Gilt Group, Ideeli and Rue La La mushroomed onto the fashion scene when luxury brands found themselves with surplus stock and a lack of suitable outlets to sell goods out of season. The flash sites...