Gilt Groupe Closes Men’s Clothing Site, Cuts Back on Wine
Gilt Groupe is closing the Park & Bond men’s clothing site and “cutting back” on its Gilt Taste food and wine products, AllThingsD reports. Andy Page, the company’s president, said that he expects Gilt Groupe to be profitable during the last quarter of 2012 and that, if the IPO market “continue[s] to be favorable,” the company will go public in 2013.
[Source: AllThingsD]
























