Groupon news and archive

Fashion

Groupon buys Ideeli in a 43 million cash deal

Groupon has announced the acquisition of online "flash-sale" retailer Ideeli for 43 million dollars in cash in a movement to expand in the apparel sector. Ideeli will keep its headquarters in New York and continue to run as a separate website. "Our customers have a demonstrated appetite for these offers, and by broadening our reach in this space...

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Fashion

Achica's stakeholde​rs decline Groupon's 80 million

Stakeholders at British luxury e-tailer Achica have declined Groupon's 80 million pounds offer to acquire the shopping platform as it might undervalue the company. According to 'The Telegraph', Groupon's was an unsolicited offer, believed to have been made in the autumn, and turned down earlier in December by the founders and shareholders who...

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Design

Daily deals sites gain in popularity

New research has revealed that daily deals sites such as Groupon and Living Social, which offer great deals on shopping, eating, and leisure attractions are gaining in popularity with online shoppers in the UK, with 65 per cent of online shoppers engaging with Daily Deals sites either by visiting the site directly or reading an email newsletter....

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Fashion

US brands target online discount sites

Big US brands are trying to combat customer fatigue by partnering with online discount sites to reach new potential customers. Typically the territory of small and local shops, daily deal sites are increasingly being recognised by national brands as a viable marketing channel and customer tracking system. “At the store level and at the...

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