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Gilt City Acquires Exclusive Luxury Deals Site Bergine.com

October 26, 2010

SAN FRANCISCO, Oct. 26 /PRNewswire/ — Gilt City, the leading online site for luxury services and experiences at unbeatable prices, is acquiring Bergine.com of San Francisco.

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The acquisition combines the two local leaders of luxury services and experiences on the West Coast. By combining Gilt City’s nationally-recognized expertise and Bergine’s existing relationships with coveted services including restaurants, spas, experiences and more on the West Coast, this first acquisition for parent company Gilt Groupe Inc. accelerates Gilt City’s rapid expansion on the West Coast. With the acquisition of Bergine, Gilt City will provide its members access to even more of the most coveted restaurants, spas, entertainment venues, service providers and cultural offerings on the West Coast. Patricia Calfee, the co-founder of Bergine, will oversee West Coast Operations for Gilt City and members of the Bergine team will remain with Gilt City.

“With our company’s exciting first acquisition, Gilt Groupe continues to show our commitment to making Gilt City the premier brand for curated local services at exclusive prices,” said Kevin Ryan, CEO of Gilt Groupe Inc. “Bergine shares our core philosophy of carefully selecting the highest quality local experiences — and then providing members amazing prices for these luxury opportunities.”

“I’m thrilled Patricia Calfee and her outstanding team will now be running Gilt City’s West Coast operations. Their commitment to delighting customers and ensuring vendor satisfaction aligns perfectly with Gilt City,” said Nate Richardson, president of Gilt City.

“My husband Ian Picache and I started the first luxury-focused private sale destination on the Internet for local services and experiences with our San Francisco and Los Angeles expertise, and we are delighted that now through Gilt City our Bergine vision will reach an even larger scale and audience,” said Patricia Calfee, Bergine’s co-founder.

Gilt Groupe, Gilt City’s parent company, has had a large presence on the West Coast since its founding in November 2007. The innovative e-commerce company offers highly coveted products at insider prices. Each day, Gilt Groupe offers its members a new, curated selection of merchandise — including apparel, accessories and lifestyle products for women, men and children, home entertaining and decor as well as travel. Most sales start at 9 am PT and last only 36 hours. This combination of highly desirable offerings, unique prices and a limited time has established Gilt as an addictive destination for shoppers nationwide.

ABOUT GILT CITY

Gilt City provides access to a broad range of local services at exclusive prices to its membership. Each sale lasts seven days and features many of a city’s most sought-after restaurants, spas, concerts, cultural offerings and more. Gilt City is currently available in New York, Boston, Chicago, Miami, San Francisco and Los Angeles. A subsidiary of Gilt Groupe Inc., Gilt City is headquartered in New York City with local curators in each market. To find out more please visit www.giltcity.com.

SOURCE Gilt City


Source: newswire



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