Abrams Research Survey identifies Gilt Groupe as a favorite industry destination for shopping online
New York, June 4, 2009. The Abrams Research survey of over 100 leaders and experts in the luxury industry, including fashion editors, designers, merchandisers, business writers and industry analysts, released on Wednesday June 3, cited Gilt Groupe as one of the top two destinations for online shopping. The report also cites Gilt Groupe as a resource for luxury information, as useful for browsing as for shopping. According to Abrams, Gilt Groupe inspired the most love in comments from their panel, i.e. “I am Obsessed with Gilt!!” Gilt Groupe also finds itself in the Best Brands list among illustrious luxury companies such as, Chanel, Louis Vuitton, Bulgari, Prada, and Gucci.
Abrams Research, a media strategy firm that connects business leaders with a global community of media professionals, released the Luxury Brands Survey and Report this week asking the question Has The Recession Killed The Luxury Industry? The survey’s conclusion finds that although the fundamentals of luxury remain the same, the parameter within which it is interacting with customers is changing. According to this survey Gilt Groupe, which provides access by invitation only to men’s, women’s and children’s coveted fashion and luxury brands at sample sale prices, was voted one of the best luxury sites for on-line shopping. In addition to a destination for luxury shopping on-line
About Gilt Groupe
Gilt Groupe was founded in November of 2007 by Alexis Maybank, an early employee of eBay, and Alexandra Wilkis Wilson, formerly of Bulgari and Louis Vuitton. Investors and CEO include Susan Lyne, formally of Martha Stewart Omnimedia, leading venture capital firm Matrix Partners and Kevin Ryan, former CEO, DoubleClick, who now serves as Gilt Groupe’s Chairman. More information about Gilt Groupe membership can be obtained by emailing the company at membership@gilt.com or by visiting www.gilt.com.
Gilt Groupe offers more than 20 sales weekly on its website with designers such as Valentino, Thom Browne and Kwiat. The site hosts over a million people in its rapidly growing membership who make it a daily habit to shop. In just over a year, Gilt Groupe has partnered with the CFDA through their business services network, been nominated by The Fashion Group International for their “ Rising Star Retail Award.”
About Abrams Research
Abrams Research is a media strategy firm that connects business leaders with a global community of media professionals. Their proprietary data networks and global contacts allow them to target strategically selected media insiders to offer insights, data and personnel never before available to businesses for image enhancement, branding, investigative reporting and the execution of the best media plan.
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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