The Rise, Stumble and Future of Gilt Groupe’s Business Model

Gilt Groupe warehouse | Source: Fantabulously Frugal

Today, BoF takes an in-depth look at the past, present and future of Gilt Groupe’s business model and speaks with Gilt Groupe CEO Kevin Ryan on his plans to continue the company’s ascendance. NEW YORK, United States — Back in November of 2007, BoF was amongst the very first media outlets to write about Gilt Groupe, the New York-based start-up that went on to dramatically reshape the online retail market for fashion, building a

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Gilt Groupe mulls IPO, Jack Wills in Hong Kong, Art deco fashion, McQ’s LFW debut, Elle’s Body and brains

Gilt Groupe screenshot | Source: Gilt Groupe

Gilt Groupe consider going public in 2012 (FT) “Gilt Groupe, a ‘flash’ sales site for designer clothes, plans to join its peers Groupon and Amazon as a public company, perhaps by the end of next year, when the company will be close to generating $1bn in annual sales… Gilt and rival sites… Are among the fastest-growing segments of online retail, which is itself expanding faster than traditional retail

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Spanish hotspot, Alaïa’s fashion philosophy, Gilt Groupe acquisition, Playing designer, Anna-Sophie Berger

Amancio Ortega | Source: Telegraph

How Zara clothes turned Galicia into retail hotspot (Reuters) “The green, rainy region of Galicia in northwest Spain is best-known as the destination for pilgrims hiking the Camino de Santiago to pay tribute at the remains of apostle Saint James… But a different kind of pilgrim also makes the journey here — retail sector analysts visiting the headquarters of Spain’s most successful modern export, Zara

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Flash sales lose flash, Storm clouds over Chinese e-commerce, LVMH confidence, India’s luxury boom, LFW to LA

Zouxiu | Source: Zouxiu

Online flash sales less flashy as inventory shrinks (Reuters) “The flash sales business has lost some of its flash, forcing online luxury clothing merchants such as Gilt Groupe, Ideeli and Rue La La to radically change their business models. These businesses burst onto the fashion scene during the recession to try to move a mountain of unsold clothes. Now there is less luxury inventory and flash sales sites are bigger. That has

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Introducing Park & Bond, Rising gold prices, Cultivating Chinese brands, Hugo Boss margins up, Carine’s teaser

Park & Bond | Source: Park & Bond

Gilt Groupe Targets Guys for New Luxury Retail Site Park & Bond (Forbes) “Internet retailer Gilt Groupe is straying from its tried-and-true flash sales model to launch Park & Bond, a full-priced menswear site without the limited-time component that’s been responsible for Gilt’s rapid growth since it was founded in 2007… But in order to really flex the buying muscle of its 400,000 male customers Gilt is going to

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China’s new woman, Gilt teams with GQ, The role of Resort, SuperGroup bid speculation, Gaultier lands in Montreal

Chinese supergroup Wonder Girls for Chloé | Source: Luxuo

In China, Women Begin Splurging (WSJ) “‘Many people are inclined to believe that gentlemen are generously purchasing luxury gifts for women in China, but our observation is that the great majority [of the buyers] are women who have achieved great success in their business and are now rewarding themselves with the finer things in life.’” GQ, Gilt Groupe Team Up on E-Commerce Site (Ad Week) “Gilt

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Little luxuries, Prada’s rich valuation, Off-price Chinese portals, Gilt’s Park & Bond, The best of Tumblr

Lanvin Petite | Source: Courtesy of Lanvin

Little Luxuries: Designer Apparel for Children is the Next Big Thing (Forbes) “Move over fast fashion collaborations, another way haute designers will reach more consumers this year is by crafting luxury clothing for the scooter set… Back to school will bring even more designer collections to the playground.” Can Prada get away with a luxury valuation? (CTV News) “The price range looks rich. The question is

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Fast fashion’s slow death, Loyalty discounts, Gilt’s Goldman boost, Social media ROI, Pierre Cardin’s singularity

Fast Fashion | Source: Sydney Loves Fashion

Why fast fashion is slow death for the planet (Guardian) “With high-street chains churning out fresh designs every few weeks, we now buy more cheap clothes than ever before. But as Lucy Siegle reveals in her hard-hitting new book To Die For, it’s a trend that will cost us far more than we imagine.” Why Pay Full Price? (WSJ) “Neiman Marcus’s loyalty program, InCircle, is a credit card that… allows

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Mini fashion moguls, Man shops Net, All Saints rescue deadline, Elie Saab story, Lunch with Vidal Sassoon

Mary-Kate and Ashley Olsen | Source: Andrew Hetherington for Newsweek

Look, Ma, We’re Fashion Moguls! (Newsweek) “With their high-end label The Row, Mary-Kate and Ashley Olsen have such a grown-up hit on their hands that even Michelle Obama wears their clothes.” Man Shops Net (WSJ) “Sites like the dapper Mr Porter, an extension of Web retail pioneer Natalie Massenet’s empire; avant-garde portal Oki-ni; Southern-bred start-up Lyonstate and flash-sale favorite Gilt Man and

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