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Gilt.com office email

Gilt.com Corporate Office

The company was co-founded in 2007 by Kevin Ryan, Michael Bryzek, and Phong Nguyen, with Alexis Maybank, and Alexandra Wilson joining shortly after the company’s inception.

The founders modeled Gilt after Vente-Privee, an online fashion retailer in France. The original business plan consisted of “flash sales,” selling a limited number of luxury designer items at steep discounts for a brief period.

According to Business Insider, during its “hyper-growth years, the company overextended itself and lost focus”, as the expanded business segments such as “Full-price retail, travel, and food were sucking resources from Gilt’s core categories — discounted women’s fashion”, and Gilt was forced to sell these non-core businesses at a loss. 

In 2016, Hudson Bay acquired Gilt for $250 million.

Gilt filed for an IPO in November 2021 but it seems stalled due to the company’s failure to turn a profit.

The Simon Property Group gave Gilt a much-needed cash boost of $280 million to launch an online outlet e-commerce store.

Gilt.com maintains a corporate office in New York, New York.

Gilt.com

The company was co-founded in 2007 by Kevin Ryan, Michael Bryzek, and Phong Nguyen, with Alexis Maybank, and Alexandra Wilson joining shortly after the company’s inception.

The founders modeled Gilt after Vente-Privee, an online fashion retailer in France. The original business plan consisted of “flash sales,” selling a limited number of luxury designer items at steep discounts for a brief period.

According to Business Insider, during its “hyper-growth years, the company overextended itself and lost focus”, as the expanded business segments such as “Full-price retail, travel, and food were sucking resources from Gilt’s core categories — discounted women’s fashion”, and Gilt was forced to sell these non-core businesses at a loss. 

History

In 2016, Hudson Bay acquired Gilt for $250 million.

Gilt filed for an IPO in November 2021 but it seems stalled due to the company’s failure to turn a profit.

The Simon Property Group gave Gilt a much-needed cash boost of $280 million to launch an online outlet e-commerce store.

Gilt.com maintains a corporate office in New York, New York.

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