×
2 357
Fashion Jobs
REISS
Digital Content Editor
Permanent · LONDON
HEAD OFFICE
Buyer l7 – Vegetarian & Vegan
Permanent · BRACKNELL
HEAD OFFICE
Programme Manager Customer & Marketing
Permanent · LONDON
HEAD OFFICE
Process Manager – Treasury Operations
Permanent · BRACKNELL
MULBERRY
Commercial Finance Analyst
Permanent · LONDON
MULBERRY
Email & CRM Marketing Executive
Permanent · LONDON
MULBERRY
Warehouse Operative
Permanent · SHEPTON MALLET
BOOHOO GROUP
Commercial Finance Analyst
Permanent · MANCHESTER
REISS
Marketing Manager
Permanent · LONDON
ESTEE LAUDER
The Estée Lauder Companies - HR Partner, Retail - Maternity Cover
Permanent · London
HEAD OFFICE
Various CRM Roles Within John Lewis Financial Services
Permanent · LONDON
AUTUMNPAPER LIMITED
Alexander Mcqueen CRM Campaign Manager
Permanent · LONDON
BOOHOOMAN
CRM Assistant
Permanent · MANCHESTER
JOHN LEWIS
Loss Prevention Partner
Permanent · BRISTOL
JOHN LEWIS
Loss Prevention Partner
Permanent · EXETER
JOHN LEWIS
Loss Prevention Partner
Permanent ·
LRM GOODS
Marketing Manager
Permanent · GUILDFORD
VF INTERNATIONAL
dc Training Specialist
Permanent · COALVILLE
VF INTERNATIONAL
dc Team Leader
Permanent · COALVILLE
ESTEE LAUDER
Clinique - Consultant - John Lewis, Cambridge - 21 Hours - Part Time - Permanent
Permanent · Cambridge
ESTEE LAUDER
Clinique - Consultant - Boots, Horsham - 13 Hours - Part Time, Permanent
Permanent · Horsham
ESTEE LAUDER
Clinique - Consultant - Boots, Crawley - 13 Hours - Part Time, Permanent
Permanent · Crawley
Ads
Published
May 3, 2019
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Brandalley to buy Cocosa from MySale

Published
May 3, 2019

MySale Group has finally made its mind up what it will do with the UK-based Cocosa operation - it’s selling it. The company has entered into an unconditional agreement to sell the trade and assets of the website to Brandalley UK Limited.


Cocosa will be owned by Brandalley as of May 9


Cocosa is MySale’s main trading website in Britain and the disposal is part of the rationalisation programme the company had announced as it works to get back to full health. Part of that rationalisation will see the group increasingly focusing on its Australia and New Zealand (ANZ) business.

Brandalley is paying only £1.5 million, in cash, for the asset, with the deal set to complete on May 9. 

The company is buying an operation that’s one of the more buoyant parts of the MySale set-up, although it’s still loss-making and relatively small in the grand scheme of things. The wider company made a loss last year as revenue fell 17%, but the UK operation saw sales rising 10% to A$9.5 million and gross profit was up 9%. It accounted for 5% of gross revenue for the company as a whole but its pre-tax loss was A$0.4 million.

CEO Carl Jackson said of the sale: “This disposal represents a key step in accelerating our 'ANZ First' strategy, which looks to optimise our scale, resources and market position in the region. With this more streamlined and focused approach, we can provide an improved offering for both our customers and brand partners."

Copyright © 2022 FashionNetwork.com All rights reserved.