Nordstrom Inc. is acquiring HauteLook Inc., a leading Web site staging private, time-sensitive “flash” sales, in a stock deal valued at up to $270 million. (Credit: WWD.com)
I guess I'll start getting Hautelook / Nordstrom emails... along with my other Neiman Marcus flash sales emails that come to me about once a day.. multiply that by my other coupon website emails.
It's a good deal for Nordstrom for sure.. since they don't have to start their flash sales stores from scratch and now have access to about 4 million subscriber network (including me). It's a good fit too for Nordstrom because besides for the once in a while "Decades" sale, which sells out too fast btw, typical offerings from Hautelook are of laidback brands such as Juicy Couture, BCBG, Guess and not are not catered to the super high-end market.