Gilt Groupe

Trouble in Paradise: Jetsetter’s Founder and CEO Steps Down

Tricia Duryee in Commerce on May 15 at 5:28 pm PT

Drew Patterson has stepped down as founder and CEO of Jetsetter, the high-end luxury discount sales travel site owned by Gilt Groupe.

News Byte

New Bravo Food Show Partners Up With Gilt Taste

Tricia Duryee in Commerce on May 8 at 8:48 am PT

Bravo Media’s new cooking competition, “Around the World in 80 Plates,” is teaming up with Gilt Taste, an online food marketplace, where fans will be able to purchase products and ingredients featured in each episode. Since Gilt Taste is part of the megaretailer’s flash-sales kingdom, be prepared to sign up in order to visit the special site.

Look, Men Shop Online, Too!

Tricia Duryee in Commerce on May 2 at 9:42 am PT

As it turns out, for males, the Internet is not just about fantasy football and porn.

Levo League Wants to Help You Find a Job — If You’re a Gen-Y Woman (Video)

Peter Kafka in Social on March 20 at 5:00 am PT

There are plenty of places on the Web to network, job-hunt and look for career advice. Caroline Ghosn and Amanda Pouchot explain why their new site is different.

Amazon’s Key to Beating Groupon in the Daily Deals Space Is Its 164 Million Paying Customers

Tricia Duryee in Commerce on March 19 at 11:30 pm PT

Amazon’s online catalog offers millions of everyday items for sale, but how many consumers think of visiting Amazon to buy a meal in a restaurant or a haircut at the local salon?

A Start-Up Factory Media Guys Like: K2 Raises $7.5 Million

Peter Kafka in Mobile on March 15 at 7:21 am PT

Daniel Klaus and Kevin Wendle want to make a handful of bets a year on media/mobile start-ups. They’ve convinced a high-profile group of investors to back them.

How E-Commerce Is Expanding Internationally, One Package at a Time

Tricia Duryee in Commerce on February 13 at 7:00 am PT

Retailers are realizing that another way to juice revenues is to open up their sites to international markets — if they can manage the logistics.

Voices

Facebook’s IPO Marks the End of the Web 2.0 Era: The Social Web Is the New King

Michael Jones, CEO, Science in Voices on February 3 at 10:47 am PT

I recently spent the weekend at a unique event that brought founders, entrepreneurs and investors together. I was fortunate enough to spend time with the original pioneer of social networking.

News Byte

Gilt Groupe Snags New Chief Marketing Officer from JustFabulous

Tricia Duryee in Commerce on February 3 at 9:20 am PT

Closely following dozens of layoffs, the Gilt Groupe has appointed Elizabeth Francis to the position of chief marketing officer. Francis will be responsible for acquiring new customers and customer retention across the company’s flash sales sites and full-priced apparel and food sites. Francis takes over the role from Alexis Maybank, a founder of Gilt, who will resume the position of chief strategy officer. Prior to Gilt, Francis was the chief marketing officer at Intelligent Beauty and president of JustFabulous, an online fashion and accessories brand that recently raised $33 million in capital.

News Byte

Home Decor Flash Sales Site LuxeYard Raises $3.5 Million in Capital

Tricia Duryee in Commerce on January 23 at 9:01 pm PT

LuxeYard, a home decor flash sales and group-buying site, has secured $3.5 million in new capital from undisclosed investors. The Los Angeles company is also unveiling a redesigned site that allows members to participate in two new ways: First, members can post photos of items that they would like to purchase at a discount; and second, they can drive prices down by encouraging others to buy the product on social networks. The more people who buy it, the less expensive it becomes. LuxeYard will be competing against Gilt Groupe, Rue La La, One Kings Lane, Fab.com and other similar sites.