LONDON — The Mysale Group, which operates flash sale Web sites in Australia, New Zealand, Asia and the U.S., said it has acquired Cocosa.com, the luxury fashion flash sales site that shuttered late last year.
Financial terms were not disclosed. Cocosa.com’s previous owner was the Al Fayed Group, owned by Mohamed Al Fayed.
The acquisition comes ahead of Mysale launching a U.K. site, Mysale.co.uk, which is slated to bow in the next few weeks, with Mysale noting that the purchase would allow the firm to access Cocosa's customer base, which stood at over 800,000 names. Cocosa won't be re-launched as a standalone Web site, a spokesman for Mysale said.
Earlier this month, Topshop owner Sir Philip Green’s family interests took a 25 percent in Mysale, and in early May the company also moved its global headquarters to the U.K., to “accelerate its international expansion,” the company said.
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