Gilt Groupe

Gilt is an American online shopping launched in 2007. On January 7, 2016, The company was sold to Hudson's Bay Company for approximately $250 million. Prior to the Hudson's Bay acquisition, sales were exceeding growth projections but the firm had not been profitable yet. On June 4, 2018, Boston, Massachusetts-based Rue La La acquired Gilt from Hudson's Bay. Provided by Wikipedia
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