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Voices

Private-Sale Sites Grow in a Struggling Economy

in News on October 29, 2009 at 7:54 am PT

The success of private-sale sites like Gilt Groupe, which holds daily members-only sales of off-season luxury items, have led to imitators hoping to emulate the success of a business model that’s catching on with recession-strapped consumers. Private-sale sites let shoppers experience the cachet of owning luxury items without paying full price.