Rue Gilt Groupe (RGG) Files IPO Registration Statement

Rue Gilt Groupe (NASDAQ: RGG) files IPO registration statement.

The company describes itself as: "We are the leading premium and luxury off-price eCommerce company in the U.S., delivering a daily curated, high-end shopping experience for our members. We operate primarily through RueLaLa and Gilt (“Rue+Gilt”), two eCommerce destinations that were purpose-built for online and off-price. With over 5,000 premium and luxury brands at prices that often are up to 70% off full-price retail, we have become a trusted online fashion authority that provides a differentiated value proposition for a highly coveted shopping demographic. Since inception, we have transacted over $5.0 billion in gross merchandise value (“GMV”) on our platform.

We have defined the online treasure hunt through our daily boutique “popups” delivering top brands at compelling values to over one million Active Buyers. We have attracted a large and growing number of loyal members, as well as the most recognized premium and luxury brands that view us as an established off-price channel, including Coach, Creed, Eileen Fisher, Frette, St. John, Stuart Weitzman, Theory and Vince, among others. We curate boutique popups for our members across a diverse set of categories that include women’s and men’s apparel, handbags and accessories, beauty, jewelry, footwear, home décor and more."

Citigroup and BofA Securities will serve as lead underwriters.

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