Your Web News in One Place

Help Webnuz

Referal links:

Sign up for GreenGeeks web hosting
December 14, 2015 11:24 pm GMT

Is Gilt About To Be Acquired By Saks Fifth Avenue?

giltGilt.com, the New York-based fashion discount site, is in talks to be acquired for $250 million, according to the Wall Street Journal. The prospective buyer is Hudson’s Bay, which owns Saks Fifth Avenue. An early pioneer in “flash sales,” Gilt sells heavily discounted items from high-end brands. It has been marketed as an avenue for online sample sales and showcases… Read More

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/-51iKW_2Dlc/

Share this article:    Share on Facebook
View Full Article

Techcrunch

TechCrunch is a leading technology blog, dedicated to obsessively profiling startups, reviewing new Internet products, and breaking tech news.

More About this Source Visit Techcrunch