Secret Sales, the renowned fashion marketplace based in the UK, is constantly initiating efforts in its drive to expand globally.
This was clear back in June when the British e-commerce platform had announced its decision to secure €10 million in Series A Funding in order to help expand its UK operations in addition to foraying into new territories this year.
The firm, reportedly, plans to utilise the funds to enhance technological development and scale up its online platform. The sole intent is to be the big global player in the discount retail space.
The funding, Secret Sales, believes will enable it to launch itself in many countries across the globe, bringing onboard several fashion brands and retailers – and all in 2021.
So, it wasn’t a surprise when the marketplace, this week, announced the appointment of elite senior leadership team to smoothen its process of driving global expansion – notably, each of hires comes with rich experience and knowledge.
Secret Sales also has plans to utilise the funding amount to enhance data mining capabilities so as to boost the experience of the users on its platform.
With more plans up its sleeves, Secret Sales seems to be all set to speed up its domestic and global operations, thereby spearheading a new era for the discount sector.
Known for fashion and sportswear items besides quintessential homeware essentials and luxury cosmetics at affordable prices, London-based Secret Sales was founded in 2006.