GILT To Close Full-Price Retail Site Park & Bond

By - September 20th, 2012

GILT To Close Full Price Retail Site Park & Bond

According to” target=”_blank”>WWD, purveyors of men’s clothing will have one less source to shop from come next year. In a brief statement today by online retailer GILT Groupe, the company announced that it will start to “merge”” target=”_blank”>Park & Bond into its” target=”_blank”>GILT Man shopping site. In the same statement, Andy Page, president of” target=”_blank”>GILT Groupe said, “We understand much more today about what draws our customers to Gilt. That insight has informed our decision to focus on a single shopping destination, offering product relevant to each member.”

Launched in August 2011, Park & Bond offers a great range of fashion brands and designers, often more than its GILT counterpart since it was established as a full-price site instead. It will interesting to see how this transition plays out and its effect on consumer habits.

GILT To Close Full Price Retail Site Park & Bond