Rue Gilt Groupe withdraws $100 million IPO

Rue Gilt Groupe operates discount luxury fashion e-tailers RueLaLa and Gilt.

I know this section is supposed to be investments but this seemed to fit here as well.  I know a lot of the people at Rue Gilt and I wish them luck.  It makes all the sense in the world if you have the cash to survive another year or two to delay an IPO to a different time.

Renaissance Capital: Luxury e-commerce retailer Rue Gilt Groupe withdraws $100 million IPO

Rick Watson

Rick Watson founded RMW Commerce Consulting after spending 20+ years as a technology entrepreneur and operator exclusively in the eCommerce industry with companies like ChannelAdvisor, BarnesandNoble.com, Merchantry, and Pitney Bowes.

Watson’s work today is centered on supporting investors and management teams incubating and growing direct-to-consumer businesses. Most recently, in partnership with WHP Global, Rick was a critical resource in architecting the WHP+ platform, a new turnkey direct to consumer digital e-commerce platform that powers AnneKlein.com and JosephAbboud.com.

Watson also hosts a weekly podcast, Watson Weekly, where he shares an unbiased, unfiltered expert take on the retail sector’s biggest players.

In the past year alone, Rick has spoken at many in-person and virtual events as well as podcasts on topics ranging from retail/ecom to supply chain/logistics and even digital grocery including CommerceNext IRL, ASCM Connect, and Retail Innovation Conference.

https://www.rmwcommerce.com/
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