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Daily Round Up: Gilt Groupe, Prada, Experian UK, Topman

Gilt

From around the web and the nationals.

GILT GROUPE, the online US flash sales site that launched last week in the UK, plans to go public late next year or in 2013, the company’s chief executive Kevin Ryan told the Financial Times on Tuesday. Ryan said he expected Gilt’s annualised turnover to be close to $1 billion after the company posted gross sales of $500 million in its financial year to June.

PRADA’S ad featuring True Grit star Hailee Steinfeld on railway tracks has been banned for being ‘irresponsible’ the Guardian reports and the Advertising Standards Association has ruled.

EXPERIAN UK national footfall figures showed that there were 4.4% more consumers visiting stores in the week commencing November 14 than the previous week. Footfall was down 4.6% year-on-year, however.

TOPMAN will launch a digital magazine that can be accessed online, via mobile or tablet, onNovember 30. Topman Generation will offer features, opinion, culture guides. It was designed by M&C Saatchi.

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