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Gilt.com Announces Global E-commerce Offering


News provided by

Gilt Groupe, Inc.

Nov 29, 2011, 09:01 ET

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NEW YORK, Nov. 29, 2011 /PRNewswire/ -- Gilt.com, the innovative online shopping destination, today announced that it is expanding its e-commerce offering to over 90 countries. Gilt.com, a members-only site, pioneered "flash sales" in the United States in 2007, and starting today consumers all over the world will be able to access Gilt.com's daily selection of sought-after designer products—many at insider prices and up to 60% off retail.

Each day at 12 p.m. EST shoppers Latin America will have access to over 20 brand-specific sales of current season apparel and accessories through Gilt.com's Women, Men, and Kids categories, as well as decor items through the Home category. Each sale contains a limited amount of inventory and lasts roughly 36 hours. Shoppers have the ability to waitlist any item they want that has sold out.  Nearly 50 percent of sales occur during the first hour of sales, so members are encouraged to log onto Gilt.com at the start of the sales for the best selection of merchandise. Next month, merchandise from PARK & BOND (www.parkandbond.com), a luxury retail site for men, will also be made available to international customers.

"We are thrilled to be able to extend Gilt.com to a global audience," said Kevin Ryan, the Founder and CEO of Gilt Groupe.  "We take great pride in putting together a curated selection of designer merchandise each day, allowing our members the ability to shop current season collections at a steep discount to retail prices."

Gilt.com works with over 6,000 designer brands. Women's designers include Missoni, Vera Wang, Carolina Herrera, Zac Posen, Rag & Bone, and Proenza Schouler. Men's designer brands include Valentino, Alexander McQueen, Thom Browne, John Varvatos, Versace, Paul Smith, Band of Outsiders, Dolce & Gabbana, and Rick Owens. Kids' designers include Jacadi, Skip Hop, Baby Bjorn, Maclaren, D&G Junior, Diesel, and Marie Chantal. Housewares from brands such as Missoni, Anichini, Frette, Matouk, Espacio, and Michael Aram are frequently on offer on Gilt Home.

Starting next month, Gilt.com members outside of the U.S. will have the ability to shop from their mobile devices through Gilt's mobile website and mobile applications.  The company plans to release its Gilt on the Go iPhone app, Gilt for iPad app, Gilt for Android app, and Gilt Mobile Web, to its international members in December.

Gilt.com is working with FiftyOne to enable international transactions, currency conversion, and international delivery. By integrating with the FiftyOne platform, Gilt.com is able to extend its e-commerce offering to a global audience while maintaining the innovative shopping experience Gilt.com's U.S. members currently enjoy.

Membership to Gilt.com is free. To become a member log on to gilt.com/latinamerica.

About Gilt Groupe, Inc.

Gilt Groupe, www.gilt.com, is an innovative online shopping destination offering its members special access to the most inspiring merchandise, culinary offerings, and experiences every day, many at insider prices. Gilt continually searches the world for the most coveted brands and products, including fashion for women, men, and children; home decor; artisanal ingredients; hotels and travel experiences on every continent; and unique activities in a growing list of cities and destinations. We believe that every day is an opportunity to inspire and be inspired.

SOURCE Gilt Groupe, Inc.

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