Gilt Groupe Partners with the Council of Fashion Designers of America

Online Sample Sale Website the newest member of CFDA Business Services Network

NEW YORK, Feb. 1 /PRNewswire/ -- Today Gilt Groupe (www.gilt.com), which
brings the invitation only 'sample sale' online, and to its national
membership, announced a partnership with the Council of Fashion Designers of
America as a Business Affiliate. By joining the CFDA's Business Services
Network Gilt Groupe offers CFDA members a quick discrete online distribution
channel for excess inventory, overstock and vendor returns. Moreover every
Gilt Groupe sale is designer specific, held over a one day period and is
introduced by a short video reel to educate their membership about the
featured designer or brand.
"As CFDA's newest Business Service Network member, Gilt Groupe redefines
sample sales by providing a web-based business model that partners with
designers to increase sales by reaching Gilt Groupe's important customer base.
Their corporate affiliation with the CFDA will provide tangible benefits for
our members," explained Steven Kolb, Executive Director of the CFDA.
In addition, Gilt Groupe and the CFDA will co-host educational events and
roundtables, which will be announced later this month.
"We are very excited to be partnering with the CFDA to offer its existing
members the opportunity to reach consumers (existing and new) online and
continue to be the leading online outlet to distribute excess inventory and
overstock in a discrete and efficient manner," said Alexis Maybank, Co-founder
and CEO, Gilt Groupe.
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.
SOURCE Gilt Groupe

Susan Weingram, +1-212-843-8056, of Rubenstein Communications