Consolidation likely in designer online retail
Uploaded on Feb 11, 2010 / 264 views / 3298 impressions / 0 comments
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Consolidation in the private-sale online retail space is likely as
the three largest players, HauteLook Inc., Gilt Group, and RueLala,
swallow up some of the smaller players, says Adam Bernhard, CEO of
HauteLook -- who is in New York this week for Fashionweek-- in this
video interview with The Deal. Bernhard adds that although media
companies have shown interest in the sector -- last month, Time
Inc. acquired StyleFeed -- they are not ready to buy transaction
businesses. Watch the video below or download it on iTunes.- Sara
Behunek