Rue Gilt Groupe (RGG) operates three members-only flash-sale platforms—Rue La La, Gilt, and ShopSimon—selling premium and luxury fashion, beauty, home, and lifestyle products. The sites offer time-limited discounts on brand-partnered merchandise, with most revenue coming from buying excess brand inventory at discounts and reselling it to members, along with brand partnerships and retail media advertising. Customers access the sales through membership on the sites, and products are offered in limited-time events that create urgency. RGG differentiates itself by aggregating multiple off-price, luxury-focused flash-sale sites under one group, leveraging strategic partnerships (including ShopSimon via Simon Property Group) and a retail media revenue stream in addition to traditional resales. The company's goal is to connect members with discounted luxury and premium products while optimizing margins from surplus inventory and partner relationships.
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Company Size
501-1,000
Company Stage
Private
Total Funding
$120M
Headquarters
Boston, MA
Founded
2007
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Total Funding
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Zalando's Q3 2026: B2B surges 28 percent and AI agents take over purchases. Sebastian Becker, Head of Nordics Doubles profit within B2B. Zalando continues to grow with increasing profitability during the third quarter and exceeds 63 million active customers. At the same time, profits in the company's B2B branch more than double, and now the fashion giant reveals its next big step where AI agents will complete purchases from external online stores directly in the app. The German e-commerce giant Zalando presented its report for the third quarter of 2026 today, and the figures show a steady advance in an otherwise challenging market. The group's total gross merchandise volume, GMV, increased by 8 percent to 4.5 billion euros compared to the same period last year, while net revenue rose by 5 percent to land at 3.2 billion euros. On the bottom line, there is a clear efficiency improvement where adjusted operating profit, EBIT, climbed by 11 percent to 107 million euros, which corresponds to an operating margin of 3.4 percent. Growth is driven, among other things, by a new record level for the customer base, which now amounts to 63.2 million active customers after an increase of 3 percent. Customer loyalty also continues to strengthen through the Zalando Plus customer club, which now has over 22 million members, contributing to an increase in the average annual customer basket to 308 euros per active customer. The strong brand work has also been recognized locally, where Zalando's Global Chief Marketing Officer Sara Spännar recently was awarded as Sweden's best marketing manager in the category of fashion and clothing. Its results for the third quarter confirm Zalando's continued progress towards building a leading platform for fashion and lifestyle in Europe. Ehandel SE continued to strengthen Zalando's offering to its Swedish customers and partners, and create more value for both. AI makes it easier for customers in Sweden to discover fashion, and Zalando Assistant is a concrete example of this, says Sebastian Becker, Head of Nordics at Zalando, in a comment to the report. B2B business more than doubles profit. What stands out the most in today's quarterly report is the explosive development within the group's B2B segment, where Zalando sells its logistics infrastructure ZEOS and software platform SCAYLE to other e-commerce companies and brands. Already in the summer it became clear that AI and B2B are boosting Zalando's profitability, but during the third quarter the development has accelerated further. Revenue within B2B surged by a full 28 percent to 354 million euros and adjusted operating profit more than doubled from 20 million to 42 million euros, lifting the segment's operating margin to an impressive 12 percent. The successes are explained by a number of major customer contracts during the quarter. The software branch SCAYLE, which entered the group through last year's acquisition of industry colleague About You, has secured its third and fourth enterprise agreements in the USA through collaborations with Rue Gilt Groupe and Neighborhood Intelligence, which operates among others Bed Bath & Beyond. In Europe, agreements have also been signed with British N Brown Group, while the logistics arm ZEOS has rolled out new solutions for brands such as Lascana, LC Waikiki and Champion. It was therefore no coincidence that Zalando just a couple of weeks ago recruited Amazon veteran Tom Christenson as the new Senior Vice President to lead and scale up this multi-billion dollar investment. Ehandel SE is also committed to supporting its business partners' long-term growth. Through ZEOS, SCAYLE and Zalando Marketing Services, Ehandel SE offer brands and retailers solutions in logistics, e-commerce and marketing that help them reach customers throughout Europe, says Sebastian Becker. Releasing external stores with AI agents. In addition to the growing B2B business, Zalando today presents a completely new strategic move called Zalando Extended. The initiative means that the platform is opened up for products from external online stores in categories that Zalando does not sell or stock itself. First out in a pilot project is the home decor player Westwing, whose more bulky furniture and interior details are now available to Zalando's customers in Germany directly in the existing flow. However, the real technological leap in the initiative will be rolled out in 2027. Then, Zalando's own developed AI agent will take over the purchasing process for the customer. Instead of the customer being linked to the external online store, or the retailer being forced to build a complex technical integration against Zalando's checkout, the AI agent will complete the entire order automatically in the background while the customer remains in the Zalando app. One year after the acquisition, the integration of About You is progressing well and Ehandel SE is maintaining momentum in delivering synergies. At the same time, its transition to a platform model is accelerating, with double-digit growth in partner business and retail media, as well as a B2B revenue increase of almost 28 percent, says Anna Dimitrova, CFO of Zalando. With three quarters behind it, Zalando chooses to confirm its forecast for the full year 2026. The company still expects both GMV and revenue to grow in the lower end of the range of 12 to 17 percent, while adjusted operating profit is expected to land between 680 and 720 million euros for the full year. Editorial Staff
As filed with the Securities and Exchange Commission on November 12, 2021.
Rue Gilt Groupe integrates riskified identity intelligence into its customer service experience. 4 mins read Co-innovation brings real-time identity risk insights into CX workflows to fast-track trusted customers and reduce fraud and policy abuse NEW YORK-BUSINESS WIRE- Riskified (NYSE: RSKD), a leader in ecommerce fraud and risk intelligence, today announced an innovation-led partnership with Rue Gilt Groupe (RGG), a premium and luxury off-price ecommerce company, to implement risk-aware identity intelligence to transform RGG's customer experiences. By integrating Riskified's real-time identity risk scores directly into customer service workflows, RGG is enabling agents to instantly distinguish between loyal members and professional abusers, delivering a better experience for trusted customers while surgically mitigating losses from fraud and abuse. For years, Customer experience (CX) leaders have faced a difficult compromise: offer instant resolution to drive loyalty or implement rigid rules to stop the rising tide of fraudulent refund claims and return abuse. This challenge is amplified by the rise of Generative AI, which has scaled the opportunity for exploitation through synthetic identities, doctored photos, voice spoofing, and increasingly persuasive social engineering scripts. Riskified identity intelligence addresses this gap by extending the company's policy abuse prevention capabilities, including Policy Protect, into customer service workflows, directly within the CRM or service console agents use. By leveraging an identity engine that parses more than 5 billion historical transactions across our global merchant network, this identity clustering solution provides a high-confidence view of the unique individual behind every email, order, account, address, claim, and phone number. Of identities with multiple claims, 13% have activity across more than one merchant, and those identities are associated with 7x more accounts on average than identities with no claims. This makes a network view of identity critical for detecting repeat and coordinated abuse. When a customer contacts a service center with a refund claim or a high-risk request such as a package reroute, agents are provided with a real-time identity risk score. This gives agents immediate visibility into risk signals and the trustworthiness of the individual behind the request, helping them make faster and more accurate decisions in the moment. As more large enterprises deploy AI agents on the front lines of customer service, real-time identity risk becomes even more important. It helps prevent manipulation and abuse while reducing false positives that can negatively impact customer satisfaction. "When you know exactly who you're dealing with, you no longer have to choose between protecting the business and delighting the customer. Riskified's identity intelligence improves our ability to do both," said Maria Vargas, SVP of Member Experiences at Rue Gilt Groupe. "By bringing Riskified's risk and identity insights directly into our Zendesk service console, we are giving our frontline teams the confidence to fast-track our most valuable members for instant resolution, while applying the necessary friction to deter serial abusers who hide behind fake or stolen accounts." Riskified identity intelligence is already delivering significant operational impact. Merchants using Riskified's Policy Protect solution have seen up to a 30% reduction in complaint rates and in several instances a 7-figure reduction in refund and return costs by automating decisions for low-risk identities and providing clear guidance on higher-risk cases. This reflects how concentrated policy abuse can be. Using Riskified Policy Protect, Ring, Amazon's smart home security system, was able to determine that 600 individuals were responsible for $4M+ in abuse each year, with some committing as much as $150K annually. This demonstrates how a small group of repeat offenders can drive outsized losses. Read Amazon Ring's success story here. "The future of retail hinges on delivering fast, exceptional experiences to loyal customers while protecting against increasingly sophisticated abuse," said Jeff Otto, Chief Marketing Officer at Riskified. "Our partnership with Rue Gilt Groupe represents the next evolution of CX. With risk-aware identity intelligence, service teams, both human and AI, can instantly reward trusted customers and accelerate resolution, while stopping bad actors. Every interaction is powered by network-scale intelligence to maximize lifetime value and prevent leakage." Join the webinar, The Risk-Aware CX Revolution, live on Tuesday, April 23, 2026, or on demand. Learn how Riskified identity intelligence gives customer service teams real-time insight into who they're interacting with, helping merchants fast-track trusted customers, block serial abusers, and protect revenue, and how Rue Gilt Groupe transformed its customer service workflow. About Rue Gilt Groupe Rue Gilt Groupe is the premier off-price e-commerce portfolio company, connecting more than 35 million members with coveted designers at an exceptional value. Two complementary brands, Rue La La and Gilt, utilize world-class merchandising, technology and marketing to strategically support our brand partners and inspire members daily. Our approach to retail brings excitement to online shopping and the best-in-class experience that today's customers demand. About Riskified Riskified (NYSE:RSKD) empowers businesses to unleash ecommerce growth by outsmarting risk. Many of the world's biggest brands and publicly traded companies selling online rely on Riskified for guaranteed protection against chargebacks, to fight fraud and policy abuse at scale, and to improve customer retention. Developed and managed by the largest team of ecommerce risk analysts, data scientists, and researchers, Riskified's AI-powered fraud and risk intelligence platform analyzes the individual behind each interaction to provide real-time decisions and robust identity-based insights. Learn more at riskified.com. Contact details: Corporate Communications: Cristina Dinozo Senior Director of Communications [email protected]
Riskified has partnered with Rue Gilt Groupe to integrate real-time identity risk scores into customer service workflows. The solution helps agents distinguish between legitimate customers and fraudsters by providing instant visibility into the individual behind each request. The system leverages Riskified's identity engine, which analyses over five billion historical transactions across its merchant network. When customers contact service centres with refund claims or high-risk requests, agents receive real-time risk scores to make faster, more accurate decisions. Merchants using Riskified's Policy Protect have seen up to 30% reduction in complaint rates and seven-figure savings in refund costs. Amazon Ring identified 600 individuals responsible for over $4 million in annual abuse using the platform, with some committing up to $150,000 yearly.
Polischuk joins Genesco from Rue Gilt Group, an off-price e-commerce portfolio company, where she was responsible for the company's people and talent strategy and its connection to business goals.
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Industries
Company Size
501-1,000
Company Stage
Private
Total Funding
$120M
Headquarters
Boston, MA
Founded
2007
Find jobs on Simplify and start your career today
Don't see your dream role? Check out thousands of other roles on Simplify.Browse all jobs