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V&D acquired by British Secret Sales and relaunches

V&D and To Be Dressed have been acquired by Secret Sales. The acquisition is expected to revitalise V&D, according to the press release. The acquisition cost has not been disclosed. V&D is set to become a "leading marketplace for discounted fashion in the Benelux". The partnership with its new owner will give V&D access to over 4,500 fashion and...

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Business

OpCapita shies away from V&D acquisition

London-based private equity firm OpCapita, former owner of electrical chain Comet and gaming retailer Game, is said to have been one of the frontrunners in the bid bankrupt department store group V&D. The bankrupted Dutch department store group, which previously consisted of restaurant chain La Place, is said to be close to be making a restart...

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