/ / / Hudson's Bay is selling Gilt Groupe to Rue La La, two years after buying the ecommerce site for $250M; sources say the new deal is well below $100M (Suzanne Kapner/Wall Street Journal)

Hudson's Bay is selling Gilt Groupe to Rue La La, two years after buying the ecommerce site for $250M; sources say the new deal is well below $100M (Suzanne Kapner/Wall Street Journal)

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Suzanne Kapner / Wall Street Journal:
Hudson's Bay is selling Gilt Groupe to Rue La La, two years after buying the ecommerce site for $250M; sources say the new deal is well below $100M  —  Saks' owner is unloading Gilt about two years after acquiring the flash sales site  —  Saks Fifth Avenue's troubled experiment …



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