Gilt Groupe, Inc. Appoints Chris Ventry and Josh Peskowitz to Men's Full-price Retail Site

NEW YORK, Dec. 21, 2010 /PRNewswire/ -- Gilt Groupe, Inc., the leader in online luxury retail, announces the appointment of Chris Ventry as Category Director and Head of Business Operations, and Josh Peskowitz as Style Director of the company's new full-price men's retail business. Launching in Summer 2011 to coincide with the Pre-Fall 2011 collections, the new site will offer a tightly edited selection of men's apparel, accessories, athletic gear, gadgets, and more.

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Chris Ventry comes to Gilt from two industry-leading consulting firms, Alix Partners and Kurt Salmon Associates. Chris also served as COO of two apparel brands, Rogan and Loomstate. A recognized practitioner in the specialty and luxury sectors, Chris began his professional career in the financial services industry at HSBC Holdings plc as an International Officer with stints in the U.K., Russia, Australia, and Hong Kong, before joining the Global Emerging Markets desk to manage HSBC Asset Management's Latin equity investments.

Josh Peskowitz, a leading authority on men's style, comes to Gilt Groupe from Esquire.com, where he most recently served as Style Editor. Josh previously served as fashion editor of Men.Style.com, the former online home of GQ and Details. Prior to that, Josh worked with a number of magazines such as Vibe, Cargo, Stuff, and The Fader.

"With Chris' depth of understanding and expertise in retail management and operations, and Josh's breadth of knowledge and keen eye for style, we're building a truly best-in-class team, and the new men's full-price retail site will elevate the bar," said John Auerbach, President of Gilt Groupe's new full-price men's retail site.

About Gilt Groupe, Inc.

Gilt Groupe is an innovative e-commerce company offering highly coveted products and experiences at insider prices. Each day, Gilt offers its members a new, curated selection of merchandise, including apparel, accessories and lifestyle products for women, men and children, home entertaining and decor, along with luxury travel packages and fantastic offers on local services and experiences. Most sales start at noon ET and last only 36 hours, making Gilt.com an addictive destination for aspirational shoppers from coast to coast.

SOURCE Gilt Groupe, Inc.