eCommerce Strategy Consultant - Rick Watson - RMW Commerce Consulting

View Original

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