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Another Flash Sale Site You'll Obviously Be Joining

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It's going to be like Gilt Groupe, but for jewelry! Launching February 1st:—a new site with plans to feature three three-day flash fine jewelry sales per week with discounts ranging from 30 to 70% off retail (and prices at $500 to $50,000). First sales will feature Buccellati, Lagos and Temple St. Clair. Obviously, we will be keeping you posted on this ? [WWD]