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 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Growth | Completed | Secret Sales LTD | - |
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