Gilt Groupe Page 1
Have you ever bought eyewear online? We have, with mixed results. Luckily, we’ll be spared all of this hardship and woe next time we need some new frames thanks to a handy new feature that Gilt Groupe is rolling out tomorrow to coincide with their kate spade new york eyewear sale.
“It was completely unanimous!” exclaimed Harper’s Bazaar editor-in-chief Glenda Bailey of the selection of Kieran Dallison for the CFDA/Gilt Groupe All-Star scholarship.
Last night the dynamic duo behind Gilt Groupe, Alexandra Wilkis Wilson and Alexis Maybank, hosted a launch party and book signing for their new tome By Invitation Only: How We Built Gilt and Changed the Way Millions Shop . We spoke with the pair about their motivations for putting pen to paper, their best advice for female entrepreneurs, and their book tour, which is now thoroughly underway.
Last night, at the very glamorous launch of Brian Atwood‘s collection of exclusive handbags for Gilt Groupe, we sat down with the newly crowned king of the stiletto (sorry, Louboutin) to chat about working with Gilt, Gwyneth Paltrow‘s Oscars dress, and Bethenny Frankel‘s Anderson wardrobe malfunction.
Last we heard, Gilt Groupe was sitting pretty with a $1 billion valuation and plenty of expansion plans. Now Gilt’s laid off 10% of its staff and closed six offices.
Who out there hasn’t come home from a boozy dinner or post-work drinks and said, “Credit card bills be damned, that vintage taxidermied zebra head shall be mine!” (True story.) But truly, substitute vintage zebra taxidermy for “necklace” or “bag” or “black J.Brand skinny jeans” and you’d be hard-pressed to find an imbiber who hasn’t drunkenly hit buy. And now online retailers have picked up on this
totally obvious phenomenon and are starting to target our tipsy tendencies.
This was the week of Cannes, Botox mom, and Lady Gaga. Also, Carla Bruni is probably, definitely pregnant, and Jane Pratt‘s website launched. And, you know, beards!
Lady Gaga‘s extra-special, Nicola Formichetti-curated Gilt Groupe sale started just over two hours ago — which begs the question: is anything left? The answer: well, yes. Except for the latex-y Mugler dress Gaga wore for the show in February. That sold for $20,000.
We have more details on Gilt Groupe‘s Lady Gaga sale! For starters, all of the proceeds go to charity! You go, Gags!
There are plenty of reasons why Gilt Groupe is a smart company, and one of them is its willingness to adapt and improve as customers (and the market) see fit. The retailer’s latest round of changes came to Gilt customers via an email blast, and we’re willing to call them a collective game changer.
Lady Gaga‘s album Born This Way is being released in a little over a week, and she’s really trying to harness the power of the internet. First she announced her seemingly odd union with FarmVille, but her most recent digital partnership makes a lot more sense: Gilt Groupe will be hosting a special two-day sale for the pop superstar.
It’s no secret that Gilt Groupe is a really big deal in the retail world. In fact, the discount luxury e-tailer is such a big deal that it’s been valued at $1 billion. Yes, $1 billion. This number is especially impressive given that the young company is not yet profitable.
Besides being a makeup addict, I also happen to be a jewelry addict. That whole Coco Chanel “take one accessory off before you leave the house” adage? Um, no thanks. Though I layer piece upon shiny piece (Iris is my homegirl, after all), even just one really great item can transform an outfit from blah to bomb. And you want to look all bomb, don’t you? This is why I’m going to teach you how to curate a super cool jewelry collection.
It’s no secret that Gilt Groupe is the Queen of flash sale sites, but what is hush-hush is the fact that they’ve apparently been interviewing designers for a potential in-house line.
Gilt Groupe is growing up. The online flash sale site is well past its tipping point, which is why its operations practices are so interesting. A new warehouse is being custom-built for the company, and it will be more than 100,000 square feet bigger than their current digs. What is more fascinating, however, is how much of an old school operation Gilt currently runs.
We hate when our friends who work in finance turn their noses up at the fashion industry. Fashion is a serious (and, yes, seriously fun) business — one that makes hundreds of billions of dollars annually. So it makes sense that one of the country’s best b-schools, Harvard Business School, has developed quite the fashion culture.
On Thursday, a couple Racked tipsters noticed that Gilt Groupe was upcharging them on their sale items, raising the prices post-purchase by $10. Today, WWD reports that wasn’t the only problem Gilt was having.
We got excited when we heard that Gilt Groupe would be selling Target‘s super cool collaboration products a little earlier than they’d be available in stores, and it looks like we weren’t the only ones. So many people ordered the stuff that Gilt has actually oversold its inventory.
Always quick to eye an opportunity, word is Gilt Groupe has jumped on the bargain bandwagon and in the last few days has been sending some members invitations to Gilt City — an exclusive listing of weekly deals on goods and services throughout New York.