V&D will receive a new owner with the British e-commerce platform Secret Sales. The retail chain, which perished in 2015, is nowadays active as a webshop for clothing. V&D hopes to continue to grow under the new owner.
The parties involved did not announce how much money is involved in the deal. After the acquisition, the V&D brand will be retained.
The department store chain went bottle ten years ago and at the time had dozens of shops and thousands of employees. Some time later the company came into the hands of Cool Investments, which turned it into a web store. Initially there was a wide range, but now clothes predominate.
Secret Sales wants to make V&D a “leading marketplace for discounted fashion in the Benelux”. The British clothing company has been active on the Dutch market for several years. Furthermore, it has activities in, among others, the home country, Spain and Germany.
V&D Will Have a New Owner with the British e-commerce platform Secret Sales. The retail chain, which gets used to bankrupt in 2015, is now active as an online Clothing Store. V&D Hopes to Grow Further Under the New Owner.
The Parties Involved Have Not Disclosed How Much Money is Involved in The Deal. The V&D Brand Will Be Retained after the Takeover.
The Department Store Chain Went Bankrupt Ten Years ago and at the Time had boxes of stores and thousands of Employees. Some time later, The Company Came Into the Hands of Cool Investments, which Turned It Into An Online Store. Initially there was a wide range, but now clothing predominates.
Secret Sales Wants To Make V&D A “Leading Marketplace for Discounted Fashion in The Benelux”. The British Clothing Company Has Been Active on the Dutch Market for Several Years. It also has activities in, Among Others, Its Home Country, Spain and Germany.