Tagged: HauteLook

11:55am

Fri February 18, 2011
RETAIL ECONOMY

Nordstrom acquires upscale online retailer HauteLook.com

Credit Elaine Thompson / AP

Nordstrom has jumped deeper into the luxury online retailing world by acquiring the "flash sale" website HauteLook for $270 million. The Seattle-based chain made the announcement on the heels of a report citing regular-price sales of "historically high levels."

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