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	<title>The Fashion Guide &#187; Designer Fashion</title>
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		<title>Online Luxury-Fashion Retailer Gilt Groupe Raises $40 million</title>
		<link>http://www.thefashionguide.co.uk/2009/07/online-luxury-fashion-retailer-gilt-groupe-raises-40-million/</link>
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		<pubDate>Tue, 07 Jul 2009 13:39:56 +0000</pubDate>
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		<category><![CDATA[Gil Groupe]]></category>

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The Gilt site which sends its selective members sale and clearance information on expensive fashion items has just raised $40 million in capital from General Atlantic and Matrix Partners, reports The Business Insider.
The New York based company has been valued at $400 million and anticipates bringing in $500 million in revenue next year, is able [...]]]></description>
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