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American Express to Start Luxury Discount Site

By Aggregated Content in Internet on May 17, 2011 from http://c.moreover.com/click/here.pl?z4636148734&z=1250249027

The online version of the sample sale is catching fire. American Express is the latest player to join the growing field of sites offering shoppers luxury items at discounted prices.

Amex says its site, which has yet to be named, will be up-and-running late this year or in early 2012. Some Background Luxury discount sites such as Gilt.com, Hautelook.com and Ruelala.com have been growing in popularity for a few years. The sites offer flash sales that usually last no more than a couple days; items are discounted by as much as 75 percent. The sites try

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