Gilt Groupe takes a stand at Mercedes-Benz New York Fashion Week Spring/Summer 2009

New York (August 28, 2008) – Gilt Groupe (www.gilt.com), which provides access by invitation only to coveted fashion and luxury lifestyle brands at prices up to 70% off retail, announced today their involvement with the CFDA/Vogue Fashion Fund finalist, Costello Tagliapietra, at this season’s Mercedes-Benz New York Fashion Week. Gilt Groupe has come together with Costello Tagliapietra to support them as they take the stage to exhibit their Spring/Summer 2009 collections. This show will be shortly followed by the designer’s sale on Gilt.com.

Gilt.com has been able to offer the finest designer fashions and accessories by way of its partnership with the CFDA since January 31 2008. 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. By providing a web-based business model which partners with designers to increase sales by reaching their nationwide customer base, Gilt.com redefines sample sales from what we once knew.

“Fashion shows are critical in extending a designers reach with buyers and editors yet the cost to produce can be prohibitive. Gilt Group’s extension in supporting the CFDA Business Service Network with sponsorship of designers’ shows is an additional resource that compliments its on line sales for our members and demonstrates Gilt Group’s true efforts to strengthen our industry.” Steven Kolb, Executive Director of the CFDA

The Costello Tagliapietra show will imitate their innate ability to fuse their elegant and timeless aesthetics into a concise ready-to-wear collection, beautiful both inside and out, resulting in expertly tailored clothing perfect for the modern woman. This brand continues to be one to watch and, like Gilt Groupe, Costello is very excited about this partnership:

“We are really excited about partnering with Gilt Group this season. Gilt has created an environment online where our customers from all over the nation can enjoy the same privileges as those who have easy access to the sample sales in New York. The selection of styles that they curate for their sales are a great opportunity to broaden the consumer base for a young company offering new, never-worn pieces at a sample sale price.” Costello Tagliapietra

About Gilt Groupe
Headquartered in New York, and founded in November of 2007 by Alexis Maybank, formerly of EBay and Alexandra Wilkis Wilson, formerly of Bulgari and Louis Vuitton, Gilt Groupe has forged a partnership with the CFDA and recently sponsored Mercedes Benz Los Angles Fashion Week. Investors include leading venture capital firm Matrix Partners as well as Kevin Ryan, former CEO, DoubleClick, and Dwight Merriman, former CTO and Founder, DoubleClick.

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.

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