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Commerce

Gilt Groupe’s woes may signify overall slump in flash-sale industry

January 25, 2012

 

By Kayla Hutzler

Luxury flash-sale site Gilt Groupe’s recent lay-offs and office closings are likely a result of overzealous growth but are also causing some experts to question the longevity of the flash-sale business model.

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  1. Thom Browne expands brand universe with Baccarat collaboration
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  5. Gucci, Christie’s 3.0 come together for digital art auction
  6. GQ Bar Bodrum opens on the Mediterranean coast
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