Dress-For-Less GmbH
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Dress-For-Less GmbH - overview
Established
1999
Location
Kelsterbach, -, Germany
Primary Industry
Internet
About
Dress-For-Less GmbH operates as an online discount retailer, specializing in offering a wide range of fashion products at competitive prices, enabling consumers to access stylish apparel and accessories from well-known brands. Founded in 1999, Dress-For-Less GmbH is based in Kelsterbach, Germany. The company operates as an online fashion retailer, providing discounted luxury products to a diverse customer base. In March 2011, the company was acquired by Privalia Venta Directa from Palamon Capital Partners for EUR 200 million.
The founders include Iván Sáenz, Janice Jiang, and Sandy Saied, while Jörg Hensen and Petra Hausmann are current key executives. Dress-For-Less GmbH specializes in online discount retail, offering a comprehensive selection of fashion products such as apparel, footwear, beauty products, and accessories. The company provides high-quality items from luxury brands at discounts of up to 85%, catering to men, women, and children. The platform focuses on early season shopping, ensuring customers access the latest trends across various markets, particularly in Germany and Europe.
For the year 2019, the company reported a revenue of EUR 47,395,777 with an EBITDA of -EUR 1,039,857. Dress-For-Less GmbH plans to utilize its recent acquisition by Privalia Venta Directa to enhance its product offerings and expand into new markets. The company aims to design and launch new products, targeting additional European regions by 2025, leveraging the support from the EUR 200 million investment to strengthen operational capabilities and broaden its customer reach.
Current Investors
Privalia Venta Directa
Primary Industry
Internet
Sub Industries
Search Engines, Social Networking & Communication Platform
Website
www.dress-for-less.com
Verticals
E-commerce
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Dress-For-Less GmbH - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | Dress-For-Less GmbH | - | ||||||||
| Growth | Completed | Dress-For-Less GmbH | - |
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