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Just because we're in a recession doesn't mean that all businesses are struggling. Gilt Groupe, an online sample sale website that launched in November, announced today that they were expanding into menswear. The site, which is invitation-only, holds 24-hour sales a few times per week and often sells out of merchandise within the first hour. Although they've managed to pull some impressive names—Diane von Furstenberg, Thakoon, Tibi, Sari Gueron—the sales have never particularly thrilled us because the discounted merchandise is still often priced in the hundreds. So you're not going to be finding the type of deals you'd encounter when rifling through boxes at some bargain-basement type sale.
Still, it's clear that for those with slightly deeper pockets—or people who can't skip out on work to wait in line to get into a sample sale—a site like Gilt is a godsend. And soon, men will be as ensnared by its powers as women apparently are.
· Gilt Groupe [Official Site]