Internet retailer Gilt Groupe is close to selling itself to Saks owner Hudson’s Bay for a fraction of the value placed on it by investors four years ago.
Source: In Proposed Sale to Saks Fifth Avenue Owner, Gilt Groupe’s Value Is Slashed – WSJ
Internet retailer Gilt Groupe is close to selling itself to Saks owner Hudson’s Bay for a fraction of the value placed on it by investors four years ago.
Source: In Proposed Sale to Saks Fifth Avenue Owner, Gilt Groupe’s Value Is Slashed – WSJ