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Gilt Groupe, Bulgari, Jaguar Land Rover and Lancome – News briefs

 

gilt185Today in luxury marketing:

Gilt Groupe valued at $1B

Gilt Groupe Inc., an online retailer of luxury goods, has raised $138 million from investors, including Japan's Softbank Group and Goldman Sachs Group, valuing the company at $1 billion even though it has yet to turn a profit, according to WSJ.

Click here to read the entire story on WSJ