Gilt Groupe Expands E-Commerce Sites Into 90 Countries

Gilt Groupe is expanding its flash sales sites from the U.S. into 90 countries worldwide, entering markets where the flash sales concept originated. The membership site sells apparel for men, women and kids, as well as home decor, at close to 60 percent off retail price. Next month, the full-price brand Park & Bond will follow. Gilt has partnered with FiftyOne to enable international transactions, including currency conversion and delivery.


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Just as the atom bomb was the weapon that was supposed to render war obsolete, the Internet seems like capitalism’s ultimate feat of self-destructive genius, an economic doomsday device rendering it impossible for anyone to ever make a profit off anything again. It’s especially hopeless for those whose work is easily digitized and accessed free of charge.

— Author Tim Kreider on not getting paid for one’s work