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Business

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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Report

Dress-for-less acquired by Signa Retail

Online fashion discounter Dress-for-less is set to continue trading after previously filing for a suspension of payment as the retailer has been acquired by Signa Retail, parent company of German department store Karstadt. The online discounter first filed for a suspension of payments in June 2016, months after its management team acquired...

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Management

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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