Secret Sales
This coverage examines Secret Sales’ strategy and operations in the UK retail market, offering insights for executives, managers, and brand professionals. Reporting includes platform growth, marketing campaigns, leadership changes, partnerships, and the company’s positioning in the off-price and online fashion retail sector. The analysis helps professionals assess Secret Sales’ growth plans, customer engagement, and competitive dynamics in discount and digital retail.
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Jan- 2024 -30 JanuaryPeople Moves
Secret Sales appoints new chief technology officer
Secret Sales has announced the appointment of Anthony Farrow as the online marketplace’s new chief technology officer. The appointment comes as a strategic move by the retailer to intensify its focus on technology investments, in tandem with its expansion efforts across Europe. Prior to joining Secret Sales, Farrow held the…
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Nov- 2023 -1 NovemberNews
Today’s news in brief-1/11/23
Asda has successfully finalised its acquisition of EG Group’s UK business, a deal valued at a substantial £2bn. This strategic move allows Asda to take ownership of EG Group’s UK&I operations, which encompass fuel, foodservice, grocery, and merchandise businesses. Notably, EG Group has clarified that it will retain operations in…
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1 NovemberClothing & Shoes
Secret Sales expands into Ireland
Secret Sales, a marketplace for off-price retail in fashion, sportswear and beauty, has announced its expansion into Ireland. According to Secret Sales, the platform’s new market launch opens the door for brands and retailers to expand their off-price strategy to reach a potential 3.4 million Irish online consumers. The platform…
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Sep- 2023 -21 SeptemberNews
Today’s news in brief-21/09/23
Wilko’s administrators PwC are reportedly set to begin a review of dividend payouts totalling £77m to investors over the past decade. The review will focus on payouts to the Wilkinson family and other investors leading up to the retailer’s decline. Notably, despite posting losses of £39m, Wilko paid out a…
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21 SeptemberClothing & Shoes
Secret Sales acquires Spanish online fashion retailer Dreivip.com
Secret Sales has announced the acquisition of Dreivip.com – the Spanish discount retailer – for an undisclosed sum. Secret Sales said the deal Forms the start of an aggressive merger and acquisition (M&A) strategy and follows its recent expansion into the Netherlands and Belgium, making this the third European territory…
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Jun- 2023 -13 JuneTechnology
Secret Sales appoints new CTO to accelerate marketplace platform
Secret Sales, the non-full price marketplace for fashion, sportswear and beauty brands, has appointed Leon Shepherd as its new chief technology officer. The appointment comes as the business prepares to “invest heavily” in its technology offerings in line with its aggressive global growth agenda. Shepherd has previously worked for brands…
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May- 2023 -17 MayOnline & Digital
One4all partners with Asos and Secret Sales
Multi-store gift card, One4all, has announced two new partnerships with global fashion retailer Asos and premium ecommerce marketplace, Secret Sales. As a result, Asos and Secret Sales now accept the gift card for all online purchases. The online retailers join the group’s catalogue of popular fashion brands including New Look,…
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Feb- 2023 -16 FebruaryOnline & Digital
Secret Sales welcomes 70% growth in FY22
Secret Sales has welcomed “exceptional growth” in 2022, reporting 70% like-for-like growth that “far exceeds the industry norm”. According to the business, it is set to maintain its momentum with an “unprecedented” 85% growth in 2023, and has already reported 80% like-for-like growth in January sales alone. The non-full price…
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Jul- 2022 -12 JulyClothing & Shoes
Matchesfashion appoints new CEO
Online luxury retailer, Matchesfashion, has announced the appointment of Nick Beighton as the company’s new chief executive officer. Beighton will take over from Paolo De Cesare who will hand over responsibilities this month, with Beighton taking his role at the start of August. Beighton joined Asos Plc in 2009 acting…
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Jun- 2022 -7 JunePeople Moves
Former ASOS CEO joins Secret Sales as chairman
Secret Sales, a non-full-price marketplace for fashion and beauty brands, has announced the appointment of Nick Beighton as chairman. Beighton, who most recently held the role of CEO at ASOS, joined as Secret Sales marked growth of over 150% LFL by “solving a critical challenge in the fashion value chain…
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