Cocosa news and archive

MySale Group announces strategic review and formal sale process

Australian online retailer MySale Group has launched a review of the group's strategic options which could result in the company being sold. The group said the strategic review will explore options including raising additional capital to support ongoing restructuring, reducing the group’s debt, selling certain parts of the group or the whole of...

Business

MySale Group sells Cocosa for 1.5 million pounds

Australian online retailer MySale Group has entered into an unconditional agreement to sell the trade and assets of shopping platform Cocosa.co.uk to fashion retailer Brandalley for 1.5 million pounds. The completion of the deal is set for 9 May and forms part of the company’s rationalisation programme as it increasingly focuses on the Australia...

Fashion

MySale aims bigger in Europe

MySale Group, a well-established online fashion retailer that runs flash sales sites in Australia, New Zealand and south-east Asia, assures it is "well positioned" to take advantage of recently-made commercial partnerships with Arcadia Group and Sports Direct. Announcing its full-year results for the year ending 30 June 2014, the company said it...

Fashion

MySale to debut on London Stock Exchange in June

The Australian online apparel retailer has revealed its plans to float on the London stock market next month. The firm, which runs fashion ‘flash sales’ and has recently acquired Cocosa, aims to raise 40 million pounds. MySale floatation on the London Stock Exchange will value MySale atbetween 200 and 300 million pounds, according to market...

Design

MySale acquires Cocosa ahead of UK launch

Australian fashion flash sales website, MySale, has taken over its British counterpart, Cocosa, as the company prepares to enter the UK's online market. MySales is said to have taken over Cocosa for an undisclosed sum, with an official announcement to be made by the Australian website later today, reported the Financial Times. The acquisition...

Design

Flash sales site Cocosa stops trading

Luxury discount flash sales site Cocosa has been formally shut down and terminated all trading from February 14 at 12pm onwards. Any returns or faulty items must be received before Friday 28 February in order to be processed, according to the help section on the website. Cocosa's customer service can still be contacted via email until the end of...

Design

Al Fayed closes “stable” flash sales site Cocosa

Al Fayed Group, owned by former proprietor of Harrods Mohamed Al Fayed, acquired Cocosa in July 2011. Two years later and after three different bosses, the flash sales site is to cease all activity in the coming months. “Cocosa made significant progress in its sector and built a reputation for quality products and customer service in the luxury...

Design

Cocosa names new general manager

Discount luxury fashion etailer Cocosa has appointed former finance director Stephen Lewis as general manager. Replacing David Llamas who exited the online retailer earlier this year, Lewis who was previously Cocosa’s finance director re-joins the business from womenswear brand Eskay W. The e-tail, which hosts time-sensitive designer sales, has...

Fashion

Cocosa re-launches website

Designer discount website Cocosa has re-launched its website to incorporate a “more luxurious feel” as it continues to grow in popularity as the brand marks its fourth birthday. Known for its high-end offering, Cocosa has introduced a new-look site featuring new photography, new features such as zoom functions and customer recommendations, which...

Design

Cocosa uses Realex payments

Working with over 500 brands, Cocosa sells designer clothes and accessories in time limited sales. Realex Payments’ says that their 'expertise and flexible approach is ringing a chord with retailers wanting to engage in a partnership rather than a more traditional supplier relationship'. Andrew Miles, Head of Operations at Cocosa said, “We chose...

Design

Cocosa launches bi-annual magazine

Luxury online retailer, Cocosa.com, has launched the first edition of its new bi-annual Trend Edit, which showcases the trends from the catwalks for both men and women. Having recently opened up their membership wall, allowing non-members to purchase handpicked luxury products at exclusive discounts, the Trend Edit follows on from the success of...

Design

Cocosa brings down membership wall

Online designer discount retailer Cocosa is removing its membership wall today, October 17, to make it easier for new customers to take advantage of buying luxury goods at up to 80% off. Launched in October 2008, the former membership-only etailer has established itself at the forefront of time-limited designer sales alongside other private...