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| industry = [[E-commerce]]
| industry = [[E-commerce]]
| num_employees = More than 250 (October 2009) <ref name="Gilt Groupe - Company Overview" > Company Sources</ref>
| num_employees = More than 250 (October 2009) <ref name="Gilt Groupe - Company Overview" > Company Sources</ref>
| homepage = [http://gilt.com/invite/7rzzavvsq2 http://gilt.com/]
| homepage = http://gilt.com
}}
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'''Gilt Groupe''' is an online retailer based in the United States. Founded in 2007, Gilt Groupe stages online 'flash' sales, offering women's, men's and children's designer apparel and accessories, designer home goods and high-end travel destinations at discounted prices in a limited time sale format, typically 36 to 48 hours. Invitations for Gilt can be obtained at [http://www.gilt.com/invite/7rzzavvsq2 http://www.git.com/invite/]
'''Gilt Groupe''' is an online retailer based in the United States. Founded in 2007, Gilt Groupe stages online 'flash' sales, offering women's, men's and children's designer apparel and accessories, designer home goods and high-end travel destinations at discounted prices in a limited time sale format, typically 36 to 48 hours. Invitations for Gilt can be obtained at http://www.gilt.com/invite/


==History==
==History==
Line 34: Line 34:


==External links==
==External links==
* [http://www.gilt.com/invite/7rzzavvsq2 Gilt Groupe website]
* [http://www.gilt.com/ Gilt Groupe website]
* [http://www.giltfuse.com/invite/7rzzavvsq2 Gilt Fuse website]
* [http://www.giltfuse.com/ Gilt Fuse website]
* [http://www.giltman.com/invite/7rzzavvsq2 Gilt Man website]
* [http://www.giltman.com/ Gilt Man website]
* [http://www.jetsetter.com/invite/7rzzavvsq2 Jetsetter website]
* [http://www.jetsetter.com Jetsetter website]
* [http://magazine.wsj.com/features/shopping-revolution/buyers-market/tab/video/ Buyer's Market] - [[The Wall Street Journal]]
* [http://magazine.wsj.com/features/shopping-revolution/buyers-market/tab/video/ Buyer's Market] - [[The Wall Street Journal]]
* [http://www.businessinsider.com/henry-blodget-gilt-groupe-raising-40-million-at-a-huge-valuation-2009-7 Gilt Groupe Raising $40 Million at Huge Valuation] - [[BusinessInsider.com]]
* [http://www.businessinsider.com/henry-blodget-gilt-groupe-raising-40-million-at-a-huge-valuation-2009-7 Gilt Groupe Raising $40 Million at Huge Valuation] - [[BusinessInsider.com]]

Revision as of 18:38, 4 March 2010

Gilt Groupe
Company typePrivate
IndustryE-commerce
Founded2007
FounderKevin P. Ryan (Chairman) - Alexis Maybank - Alexandra Wilkis Wilson
Headquarters
New York, NY
,
USA
Key people
Kevin P. Ryan (Chairman) - Susan Lyne (CEO) - V. Ann Hailey (CFO)
Number of employees
More than 250 (October 2009) [1]
Websitehttp://gilt.com

Gilt Groupe is an online retailer based in the United States. Founded in 2007, Gilt Groupe stages online 'flash' sales, offering women's, men's and children's designer apparel and accessories, designer home goods and high-end travel destinations at discounted prices in a limited time sale format, typically 36 to 48 hours. Invitations for Gilt can be obtained at http://www.gilt.com/invite/

History

The company was launched in 2007 by Doubleclick co-founder Kevin P. Ryan, early eBay executive Alexis Maybank and Louis Vuitton and Bulgari merchandising executive Alexandra Wilkis Wilson.[2] The company launched women's clothing and accessories in November 2007, men's in April 2008, Gilt Groupe Japan in February 2009, Gilt Fuse in August 2009 and a travel site named Jetsetter in September 2009. Gilt Groupe is based in New York, NY with warehouses in Brooklyn, NY and Andover, MA.

Overview

Gilt Groupe visitors must be members in order to view sales. Membership can be requested at the website but otherwise it is invite-only. New sales typically start at Noon ET, last 36–48 hours, and feature merchandise from a single brand or small groups of brands at prices 50%-70% off of manufacturer's suggested retail prices. An email announcing the start of each day's sales is sent to all members shortly before the sale starts, and orders are taken on a first come, first-served basis. As orders are received, they are shipped directly from warehouses in either Brooklyn, NY or Andover, MA.

Gilt Groupe has raised a total of $48 million to date, its investors include Matrix Partners[3] and General Atlantic[4].

Gilt Fuse

On August 12, 2009, Gilt launched a site called Gilt Fuse, boasting that it has "a deeper inventory and significantly lower prices."[5]

Gilt Man

On October 14, 2009, Gilt launched a men's-only sale site called Gilt Man[6][7]

References

  1. ^ Company Sources
  2. ^ "By Invitation Only". Forbes. Retrieved 2009-10-10..
  3. ^ "Gilt Groupe Grabs $5M". Red Herring. Retrieved 2009-10-10.
  4. ^ [http://www.generalatlantic.com/en/news/article/1015 "Gilt Groupe, Inc. Announces New Growth Capital Investment"]. General Atlantic. Retrieved 2009-10-10. {{cite web}}: Check |url= value (help)
  5. ^ "Mark Your Calendar: Gilt Fuse Launches On August 12".
  6. ^ "It's a Gilt Man's World".
  7. ^ "Gilt Groupe Launches Gilt MAN".