Gilt Groupe Cuts Include 10 Percent of Employees and Two Executives

The luxury e-commerce and flash sales site has trimmed roughly 10 percent — as many as 90 — of its employees, including some of its management team.
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Gilt Groupe CEO: Restructuring Rumors Overblown, IPO Still on Track

Kevin Ryan is denying rumors this morning that the luxury e-commerce company is undergoing a massive restructuring; nearly all of its 900 employees and business units remain intact.
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Quoi? France's Big Flash Sales Site Vente-Privee Signs Joint Venture With American Express to Enter U.S.

Vente-privee.com, a French-owned flash sales site with about 13 million members and more than $1 billion in European sales, is forming a joint venture with American Express to enter the U.S. market.

Ten Questions for Gilt Groupe's CEO Kevin Ryan After His Big Funding Round

Here are highlights from an interview with Gilt Groupe’s Founder and CEO Kevin Ryan, who just raised $138 million to place the company among the upper echelon of today’s new e-commerce companies.

Gilt Groupe Raises $138 Million from Softbank and Others for Growth, Acquisitions

Gilt Groupe, the New York-based flash-sales site that offers discounts on apparel, travel, home decor and other categories, has raised a whopping $138 million in capital.

Gilt Groupe Returns Its CEO: Kevin Ryan, Susan Lyne Swap Places

Gilt Groupe, the earliest and best known of the U.S. “private sale” shopping sites, has a new boss: Founder Kevin Ryan, who previously served as the company’s chairman, is now running the company. Susan Lyne, brought in as CEO two years ago from Martha Stewart Living Omnimedia, has been moved into Ryan’s old chairman slot.

Are Mobile Ads the Next Big Thing? Maybe Not.

A lot of buzz among online advertising companies these days is focused on mobile ads delivered to smart phones. Google executives have even talked about becoming a “mobile first” company, and Apple and Google have both made recent moves into mobile advertising.

Retailer Gilt Sees iPad App Driving Fashion Sales

Executives at Gilt Groupe, the fashion retailer known for its online-only sales of high-end items, had expected to do well with their iPad app, but they were surprised by some of the results after the device was introduced. On April 4, a day after the device debuted, 2.4 percent of Gilt’s sales came from the iPad, a higher portion than expected, said Gilt founder and chairman Kevin Ryan and Chief Executive Susan Lyne in an interview.

AlleyCorp's Kevin Ryan Speaks!

With the sale of paidContent to the Guardian Media Group and the talks TechCrunch has been in with AOL, there certainly is a lot of hubbub around tech blogging sites of late. One of the more interesting sites that has gone up over the last year has been Silicon Alley Insider, which is headlined by former Internet analyst Henry Blodget (yes, that Henry Blodget). But perhaps most compelling is that the site is backed by Web 1.0 entrepreneur Kevin Ryan, former CEO of DoubleClick, who has nested SAI inside a networks of new Web efforts at AlleyCorp.