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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...

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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...