Want Marc Jacobs? Louboutin Pumps? Click Here … No, Here!

Susan Lyne, the chief executive of Gilt Groupe, a members-only, luxury designer sale Web site, noticed something curious about the 20-somethings who were clicking their afternoons away at gilt.com: They were torturing themselves, drooling over deeply discounted outfits and accessories from high-end brands during the 36-hour “flash sales,” and watching as $3,175 ostrich Read More

Canny GILT Groupe Founders Discover They Timed the Market Perfectly; ‘It’s a Bit Taboo’ to Be Seen Shopping These Days!

"We’re floating, we’re just so happy," proclaimed designer Isabel Toledo on Thursday, Jan. 22, at Shang, the restaurant at the new Thompson Lower East Side Hotel, where designers and socialites had gathered to celebrate the one-year anniversary of the invitation-only sample sale website GILT Groupe.

Upon arriving, Ms. Toledo had been besieged Read More