NEW YORK — Gilt Groupe has a new chief executive officer.
The online flash-sale site on Thursday named Michelle Peluso, currently the global consumer chief marketing and Internet officer at Citigroup, its new ceo. Peluso, who has been on the company’s board since late 2009, takes on a role that had been held by founder Kevin Ryan, who will become chairman. Susan Lyne, Gilt’s chairman, will now become vice chairman.
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"