Gilt is taking a new path into the physical world. The eCommerce brand announced plans to open a new pop-up location onboard a cruise line through its partnership with Celebrity Cruises and Starboard Cruise Services. The Gilt at Sea locations will be available from Dec....
A month after acquiring Gilt, Saks is getting it into its stores. As Fortune reports, Hudson’s Bay Co. (HBC), which owns Saks Fifth Avenue, acquired the eCommerce brand Gilt in January. Yesterday (Feb. 9), the company revealed that Gilt will have a section all its...
Talk about not wasting any time. According to multiple source reports to Re/code, Gilt Groupe is finalizing a deal to sell to Saks Fifth Avenue’s parent company, Hudson’s Bay Company, for $250 million in a transaction that might be finalized as early as this morning (Jan....
Not a great day to be working at Gilt, though for the 45 employees that the company has laid off it would probably be a better day if they were still working for the fashion flash-sales site. This is all despite racking up a $1.1...
February 10, 2016
A month after acquiring Gilt, Saks is getting it into its stores. As Fortune reports, Hudson’s Bay Co. (HBC), which owns Saks Fifth Avenue, acquired the eCommerce brand Gilt in January. Yesterday (Feb. 9), the company revealed that Gilt will have a section all its own at the Saks Off 5TH store — the discount arm […]
January 07, 2016
Talk about not wasting any time. According to multiple source reports to Re/code, Gilt Groupe is finalizing a deal to sell to Saks Fifth Avenue’s parent company, Hudson’s Bay Company, for...
October 07, 2015
Not a great day to be working at Gilt, though for the 45 employees that the company has laid off it would probably be a better day if they were...
