Gilt

  • Gilt’s President And Former CFO Andy Page To Leave The Company

    Gilt’s President And Former CFO Andy Page To Leave The Company

    Andy Page, Gilt’s President, is departing the luxury online retailer, we’ve learned. Gilt promoted Page to the role of President from Chief Financial Officer in 2011, where he was responsible for the operations of Gilt’s various verticals, including Women’s, Gilt MAN, Gilt Children, Gilt Home, Gilt Taste, Park & Bond, and Gilt City. Read More

  • Five Years In And Profitable, Gilt Refocuses On New Leadership, An IPO In 2013 And More

    Five Years In And Profitable, Gilt Refocuses On New Leadership, An IPO In 2013 And More

    Alexandra Wilkis Wilson walked into famed celebrity designer Zac Posen’s showroom in November 2007 prepared to give the pitch of her life. The Gilt co-founder was attempting to sell Posen and his team on putting some of the designer’s excess inventory on the yet-to-be-launched flash sales e-commerce platform. At the time, the flash sales industry was nascent, so many, including… Read More

  • Flash Sales Giant Gilt To Offer Special Discounts To Pinterest Pinners

    Flash Sales Giant Gilt To Offer Special Discounts To Pinterest Pinners

    Thanks to online pinboard Pinterest’s fast growth, many retail sites are placing “Pin It” buttons next to items for sale as a sharing mechanism. Flash sales giant Gilt is taking the whole Pinning trend to another level by allow users to access special deals on pinned items. Called “Pin it to Unlock,” the new social commerce feature allows shoppers to unlock a… Read More

  • Need A New Car? Gilt’s Selling A 2013 Infiniti JX For Half Price Today

    Need A New Car? Gilt’s Selling A 2013 Infiniti JX For Half Price Today

    The flash sales fiends at Gilt are no stranger to the idea of putting their customers into new cars — they cut their teeth on a deep discount promotion on three 2011 VW Jettas, and recently hooked up with Range Rover to help customers put down deposits for the 2012 Range Rover Evoque Prestige. Now Gilt is giving luxury car maker Infiniti a crack at their style-savvy audience with one… Read More

  • Gilt Groupe Reportedly Acquiring BuyWithMe

    Gilt Groupe Reportedly Acquiring BuyWithMe

    Flash sales giant Gilt Groupe is acquiring the troubled daily deals startup BuyWithMe, which recently saw over half its staff laid off after the company failed to raise the funding it needed to survive. Beginning November 1st, BuyWithMe will officially become a part of Gilt, according to a report from BetaBeat, which has been covering the BuyWithMe saga for the past couple of weeks. Read More

  • Ben Lerer on Paid Customer Acquisition

    (Founder Stories) Thrillist’s Ben Lerer On Buying Customers And Going Up Against Groupon

    Founder Stories host Chris Dixon continues his conversation with Thrillist Co-founder and CEO Ben Lerer by discussing customer acquisition. Recognizing the line of thought that it’s not optimal to pay for customers, Dixon inquires about Lerer’s customer acquisition strategy and says, “a lot more tech businesses including Groupon and including I believe Thrillist are… Read More

  • BaubleBar Raises $1.1 Million From Accel, Founder Collective, And Lerer Ventures

    BaubleBar Raises $1.1 Million From Accel, Founder Collective, And Lerer Ventures

    Today, jewelry flash-sale site BaubleBar officially launched. Previously known as Eight1six, BaubleBar offers fashion jewelry at deep discounts for limited periods of time. The company was founded by Daniella Yacobovsky and Amy Jain, two recent Harvard Business School grads who previously worked in investment banking. The New York City startup also raised $1.1 million in a series A… Read More

  • Worst Of Gilt Highlights Worst Expensive Junk On Gilt

    Worst Of Gilt Highlights Worst Expensive Junk On Gilt

    With the tagline “There’s excess inventory for a reason…” website Worst of Gilt follows in the footsteps of Regretsy and Lamebook in highlighting the absolute worst of luxury flash sales site Gilt. Now you can follow all your favorite Gilt fails like Hulk backpack to Scarf Tee (!) and even some you didn’t know about like Bambi Candle. Yes, Bambi Candle. While I wish… Read More

  • Flash Sales Site Gilt Groupe To Open Traditional Online Retail Store For Men

    Flash Sales Site Gilt Groupe To Open Traditional Online Retail Store For Men

    Gilt Groupe has made a name for itself, particularly in the United States, for operating a successful flash sales site that offers its members products and experiences at heavily discounted prices for a limited period of time. Now, the company is turning to traditional e-commerce for its next trick. Read More

  • Survey Says… Gilt City Is Still A Work In Progress

    Survey Says… Gilt City Is Still A Work In Progress

    Since its launch earlier this year, Gilt City has been a somewhat reluctant competitor to daily deal juggernaut Groupon. Although their business models overlap— with both offering local deals for a limited time— Gilt says it purposefully goes after a different demographic. In line with Gilt’s larger mission to cater to a luxury lifestyle, City was designed to target a… Read More

  • Bloomspot Blossoms $9 Million In Funding For Luxurious Local Flash Sales

    Bloomspot Blossoms $9 Million In Funding For Luxurious Local Flash Sales

    The whole “flash sale” phenomenon is interesting. Traditionally, the idea of “impulse buying” has been viewed as a somewhat bad thing. Purchases are supposed to be thought out and studied — made only after you’ve considered things for a while, right? The Internet has flipped that idea on its head. But that’s not a bad thing. Bloomspot is one of the… Read More

  • One Kings Lane: Q3 Sales Up 500 Percent; 'We're Not Afraid Of Gilt'

    One Kings Lane: Q3 Sales Up 500 Percent; 'We're Not Afraid Of Gilt'

    Flash sales sites like Gilt Groupe have proven to not only be a popular e-commerce experience, but also a profitable business model. In fact, Gilt is on track to hit $450 million in revenue this year, with rumors of an IPO swirling. But while Gilt pioneered clothing and accessory-focused flash sales, One Kings Lane entered the space last year as one of the first sites to go after the home… Read More

  • Groupon Competitor Gilt City Expands To SF And LA

    Groupon Competitor Gilt City Expands To SF And LA

    Deal hunters in San Francisco and Los Angeles have a new site to prowl starting today: Gilt City, the local deals arm of semi-exclusive “flash sale” site Gilt Groupe, has expanded to the west coast. Each city is currently offering three local deals, ranging from San Francisco’s Street Food Festival to a wardrobe makeover. Gilt quietly started testing Gilt City in April, but… Read More

  • Gilt CEO: How Gilt Will Go Local

    Gilt is closing in on Groupon’s turf. In April, Gilt quietly launched a beta version of “Gilt City,” a local deals service that offered a set of weekly deals for New York. Although City remains in beta mode and is only available to approximately one-third of Gilt’s NY membership, the well-funded company is preparing for an official launch in 15 to 20 U.S. Read More

  • Why Does Jetsetter Stand Apart from the Group Buying Crowd? It Solves a Big Problem

    Why Does Jetsetter Stand Apart from the Group Buying Crowd? It Solves a Big Problem

    I’ve long been critical of how hotel rooms are found and booked online. It’s impossible to tell quality and cleanliness from a standard write up, photos and a star rating, let alone have any idea of the quality of things like the restaurant on site, the friendliness of the staff or the millions of other little things that can make a hotel stay a pleasure or a nightmare. And… Read More

  • Gilt Cash Machine Rolls On, Raises $35 Million

    Gilt Cash Machine Rolls On, Raises $35 Million

    Gilt Groupe has just raised another $35 million according to a regulatory filing submitted on Friday. Gilt has not suffered for lack of cash, the online sample sale site has raised a total of $48 million in previous rounds from Matrix Partners and General Atlantic, its previous round of funding (July 2009) put its valuation at roughly $400 million. New money for Gilt is no surprise, we just… Read More

  • Gilt Launches Groupon Competitor 'Gilt City' In NYC

    Gilt Launches Groupon Competitor 'Gilt City' In NYC

    Gilt, the well-funded company that sells high-end luxury goods online at steep discounts in short-term “flash sales”, has its eyes set on a new target: Groupon. At least, it’s launching a new service that has a very similar model. In the last two days, Gilt has been sending some members invitations to ‘Gilt City‘, where they can get “exclusive local deals… Read More

  • The Best iPad Apps At Launch

    The Best iPad Apps At Launch

    In preparation for the launch of the iPad tomorrow, iPad Apps are live in iTunes and we’re sorting through the best ones as fast as we can. But with more than 2,000 iPad apps in the App Store, the choices are already daunting. To help you find the best apps at launch, we’ve put together the definitive list below. It includes all the iPad apps reviewed on TechCrunch, as well as… Read More

  • Gilt, eBay And Amazon Circle Vente Privee With Chatter Of $1.5 Billion On The Table

    Gilt, eBay And Amazon Circle Vente Privee With Chatter Of $1.5 Billion On The Table

    On stage at last year’s Le Web an argument broke out between co-founder Loic Le Meur and TechCrunch’s Michael Arrington over whether Europe was capable of producing a ‘big win’ Web company or whether Skype was, perhaps, just a one-hit wonder. Like heavyweight fighters, they traded some heavy blows in subsequent blog posts. But during the live on-stage Gilmour Gang… Read More