Fashion Cheat Sheet

Peter Pilotto for Target Breaks Records; Tory Burch Eyes Possible Men’s Collection

And Gilt Groupe to go public.

02.11.14 5:00 PM ET

Peter Pilotto For Target Breaks Records: Teaming up with, Peter Pilotto’s much anticipated collection for Target became the website’s fastest selling collaboration. "The response has been phenomenal!" president Alison Loehnis told Vogue. "Peter (Pilotto) and Christopher (De Vos) worked with Target on creating a collection that was totally identifiable, yet different, and we knew this collaboration was going to be a hit from the beginning." Pilotto's line outsold similar collaborations by Karl Lagerfeld and Christopher Kane, with one order placed every second for an hour on Sunday. [Vogue]

Tory Burch Eyes Possible Men’s Collection: During Tory Burch's show at New York fashion week on Tuesday, the rumor mill was in high gear after the discovery that the designer had coaxed away Coach Inc’s creative director of men’s design Jeffrey Uhl. Uhl was one of the key members responsible for the rapid growth of Coach's men’s business. When he begins at Burch in a couple of weeks, he will allegedly be overseeing both men’s and women’s accessories. [WWD]

Gilt Groupe to Go Public: It has been speculated for a while that the “flash-sale” website, Gilt Groupe, would be going public, but up until now, confirmation has been lacking. Monday night, Bloomberg reported that the internet company had finally chosen Goldman Sachs to manage their IPO. According to Fashionista, preparing for an IPO means going back to the basics and nailing what made the site popular in the first place — flash sales — even though many speculate the method is not effective. [Fashionista]