Gilt Groupe Partners with the Council of Fashion Designers of America
Online Sample Sale Website the newest member of CFDA Business Services Network
NEW YORK (January 31 2008) – Today Gilt Groupe (www.gilt.com), which brings the invitation only “sample sale”
online, and to its national membership, announced a partnership with the Council of Fashion Designers of America as a
Business Affiliate. By joining the CFDA’s Business Services Network Gilt Groupe offers CFDA members a quick
discrete online distribution channel for excess inventory, overstock and vendor returns. Moreover every Gilt Groupe sale
is designer specific, held over a one day period and is introduced by a short video reel to educate their membership about
the featured designer or brand.
“As CFDA’s newest Business Service Network member, Gilt Groupe redefines sample sales by providing a web-based
business model that partners with designers to increase sales by reaching Gilt Groupe’s important customer base. Their
corporate affiliation with the CFDA will provide tangible benefits for our members, " explained Steven Kolb, Executive
Director of the CFDA.
In addition, Gilt Groupe and the CFDA will co-host educational events and roundtables, which will be announced later
this month.
“We are very excited to be partnering with the CFDA to offer its existing members the opportunity to reach consumers
(existing and new) online and continue to be the leading online outlet to distribute excess inventory and overstock in a
discrete and efficient manner” Alexis Maybank, Co-founder and CEO, Gilt Groupe.
About Gilt Groupe
Headquartered in New York, Gilt Groupe is a privately held company dedicated to providing its members with access to
coveted fashion and luxury lifestyle brands at sample sale prices. Each Gilt Groupe sale (3x per week) is designer-specific
and held over a one day period. The Gilt Groupe production team creates a short video reel to introduce each designer and
brand to its membership. There is no fee associated with joining Gilt Groupe; membership is by invitation only. Investors
include leading venture capital firm Matrix Partners and prominent private investors such as Kevin Ryan, former CEO,
DoubleClick, and Dwight Merriman, former CTO and Founder, DoubleClick.
Headquartered in New York, Gilt Groupe is a privately held company dedicated to providing its members with access to coveted fashion and luxury lifestyle brands at sample sale prices. Each Gilt Groupe sale (3x per week) is designer-specific and held over a one day period. The Gilt Groupe production team creates a short video reel to introduce each designer and brand to its membership. There is no fee associated with joining Gilt Groupe; membership is by invitation only. Investors include leading venture capital firm Matrix Partners and prominent private investors such as Kevin Ryan, former CEO, DoubleClick, and Dwight Merriman, former CTO and Founder, DoubleClick.
40 West 20th Street, 6th Floor, New York, NY 10011, USA 877-445-8692