Secret Sales LTD

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Secret Sales LTD - overview

Established

2006

Location

London, -, UK

Primary Industry

Retail

About

Secret Sales LTD is an e-commerce platform specializing in discounted luxury fashion products, ranging from apparel to accessories, targeting price-conscious consumers seeking premium brands. Founded in 2006, Secret Sales LTD operates as an online marketplace offering high-end fashion items at significant discounts. The company is headquartered in London, UK. In June 2015, it received GBP 4.


5 million in a GROWTH funding round from Kreos Capital, which brought the total amount raised to GBP 4. 5 million. The firm has executed a single deal to date. Secret Sales LTD specializes in providing discounted luxury and high-end fashion products across multiple categories, including apparel, beauty, and accessories.


Its offerings feature well-known brands such as Calvin Klein, Tom Ford, and Burberry. Employing a flash sale model, the company facilitates limited-time discounts of up to 85%, appealing to fashion-conscious consumers. The platform primarily caters to individual customers of all ages and also runs exclusive sales for specific demographics like students and key workers. Although primarily serving the UK market, there is potential outreach to other European markets through their platform.


In 2018, Secret Sales LTD reported a revenue of GBP 5,984,746. The company's revenue structure is heavily reliant on direct-to-consumer transactions via its e-commerce platform, where exclusive sales and time-limited promotions drive sales. This pricing strategy allows substantial discounts on flagship brands, enhancing sales volume during promotional events, while customer engagement is bolstered through exclusive email offers, indicating potential for repeat business. With the recent investment of GBP 4.


5 million secured in June 2015, Secret Sales LTD plans to enhance its product offerings and expand into new European markets. The company is expected to launch new fashion categories and improve its online platform to attract a wider audience. This funding will support these initiatives which aim to broaden market reach and improve customer engagement in upcoming years.


Current Investors

Kreos Capital

Primary Industry

Retail

Sub Industries

Footwear, Clothing, Beauty & Hygiene, Clothing Stores

Website

www.secretsales.com

Verticals

E-commerce

Company Stage

Mature - Growth Capital

Total Amount Raised

Subscriber access only

Secret Sales LTD - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
GrowthCompletedSecret Sales LTD-

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