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Rue Gilt Groupe planning IPO

E-commerce retailer Rue Gilt Groupe, a company best known for selling discount designer fashions, is in the beginning stages of preparing for an IPO. The news was reported by Bloomberg. Rue La La and Gilt Groupe are the company’s key sites featuring over 5000 luxury brands with discounts as deep at 70 percent. In 2019, mall owner Simon Property...

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