Gilt Groupe, Inc. Names Peter Glusker as Chief Executive Officer of Gilt Groupe Japan & Gilt City Japan

NEW YORK, Dec. 16, 2010 /PRNewswire/ -- Online luxury retailer Gilt Groupe, Inc. today announced that Peter Glusker has been appointed as Chief Executive Officer of Gilt Groupe Japan and Gilt City Japan, where he will be responsible for overseeing the day-to-day operations of both companies.  Gilt Groupe Japan, a subsidiary of Gilt Groupe, Inc., was launched in March 2009. Today it has over 500,000 members, and has worked with over 300 brands.  Gilt City Japan, a subsidiary of Gilt City, Inc., launched Gilt City Tokyo this week, providing its members unique access to Tokyo's best services and luxury experiences, including top restaurants, spas, entertainment venues, and more.

(Logo: http://photos.prnewswire.com/prnh/20080625/NYW098LOGO )

Previously, Glusker was based in New York City, running Business Development and International Operations for Gilt Groupe, Inc. He joined Gilt in 2009, after having served as a senior executive at a number of leading media and technology businesses.

"I've been deeply involved with Gilt Groupe Japan's business over the past two years in my prior role based in New York.  I'm thrilled to be able to dedicate all of my efforts to leading the growth of the company in Japan."

"Peter is the right leader for Gilt Japan at this period in its expansion," said Kevin Ryan, Founder and CEO of Gilt Groupe, Inc.  "His strong management experience and understanding of Gilt's business will help continue the extraordinary growth of Gilt Groupe Japan."

Most recently, Glusker was the CEO of Latina Media Ventures LLC, and prior to that served as Senior Vice President of the Viacom Digital Media Group and the CBS Internet Group.  Earlier in his career, Glusker served as Senior Vice President of Content Programming & Business Development at Prodigy Inc., and also held positions at The International Finance Corporation, Bain & Company, and First Boston.

Glusker has served on the boards of numerous public and private media companies, including SportsLine.com, iWon and MarketWatch.  He currently serves on the board of The Journal Register Company.  He holds a BA from Wesleyan University and an MBA from Stanford University.

About Gilt Groupe Japan

Gilt Groupe Japan was launched in March 2009, and has established itself as the leading flash-sales sites in Japan.  Today it has over 500,000 members, and has worked with over 300 brands.  To find out more please visit us at www.gilt.jp.

About Gilt Groupe, Inc.

Gilt Groupe is an innovative e-commerce company offering highly coveted products and experiences at insider prices. Each day, Gilt offers its members a new, curated selection of merchandise, including apparel, accessories and lifestyle products for women, men and children, home entertaining and decor, along with luxury travel packages and fantastic offers on local services and experiences. Most sales start at noon ET and last only 36 hours, making Gilt.com an addictive destination for aspirational shoppers from coast to coast.

SOURCE Gilt Groupe, Inc.

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