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Secret Sales acquires German e-tailer Dress-for-Less

Off-price marketplace Secret Sales is continuing its European expansion with the acquisition of German online retailer, Dress-for-Less. The company said the takeover was the “natural next step” in its “aggressive” merger and acquisition strategy, through which it is aiming to become “one of the most formidable discount retailers in Europe”....

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Privalia sells Dress For Less to its management and focus back in core markets

Spanish online fashion outlet Privalia has sold its German business Dress For Less to its current management for a sum that remains undisclosed. The German subsidiary has not but enhanced Privalia´s red numbers in the last couple of years. Following what some in the trade have defined as an erratic expansion policy, Privalia entered the German...

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