Posts tagged with 'Ventee-Privee'
Nordstrom is used to being the retailer where shopping sprees happen. But sometimes it’s more fun to go on one of your own.
Yesterday, the high-end retailer announced that it is acquiring flash
sale site HauteLook for $180m in stock, with an additional $90m in stock
subject to a three-year earn-out.
The deal marks one of the largest
acquisitions yet in one of the internet's hottest markets: flash sale
websites which offer consumers deep discounts on products ranging from
handbags and dresses to houseware and furniture.