Secret Sales Revives Iconic Dutch Brand Vroom & Dreesmann

Deal News | Jul 09, 2025 | Home of Direct Commerce

Secret Sales Revives Iconic Dutch Brand Vroom & Dreesmann

Secret Sales, a prominent off-price fashion and beauty marketplace, has acquired the iconic Dutch brand Vroom & Dreesmann (V&D) and To Be Dressed, marking a strategic move to enhance its presence in the Benelux region and accelerate its expansion throughout Europe. The acquisition aims to reinvigorate V&D, a significant cultural entity for generations in the Netherlands, by integrating it into Secret Sales' extensive inventory and technological infrastructure. This initiative seeks to reestablish V&D as a leading fashion destination, offering Dutch consumers an expansive range of products from over 4,500 global brands. To Be Dressed, known for its appeal among younger shoppers, will also benefit from this expansion, maintaining its distinct identity while offering broader brand assortments. Secret Sales CEO Chris Griffin highlights the cultural significance of this acquisition, emphasizing the company's commitment to respecting V&D's legacy while transitioning it into a modern, relevant marketplace. The transaction, involving outgoing owner Jonathan Kahn of Cool Investments, was facilitated by Sellside Partners, marking one of the largest acquisitions in Secret Sales' history.

Sectors

  • Fashion and Retail
  • E-commerce

Geography

  • Netherlands – Vroom & Dreesmann (V&D) is a significant cultural and retail brand in the Netherlands, making the geography relevant.
  • Benelux – The acquisition aims to strengthen Secret Sales' presence in the Benelux region, indicating the geographical focus.
  • Europe – Secret Sales' expansion and brand integration across 7 European markets emphasize the broader European geographical context.

Industry

  • Fashion and Retail – The article involves the acquisition of fashion brands V&D and To Be Dressed. Secret Sales operates within the fashion and retail industry, focusing on off-price fashion and beauty markets.
  • E-commerce – The digital transformation and integration of V&D and To Be Dressed into the Secret Sales platform highlights the e-commerce aspect of the fashion retail industry.

Financials

  • Not disclosed – The financial details of the acquisition were not disclosed.

Participants

NameRoleTypeDescription
Secret SalesAcquirerCompanySecret Sales is an off-price fashion and beauty marketplace acquiring V&D and To Be Dressed.
Vroom & Dreesmann (V&D)TargetCompanyAn iconic Dutch retail brand, acquired by Secret Sales to enhance its market presence.
To Be DressedTargetCompanyA Dutch fashion site appealing to younger shoppers, included in the Secret Sales acquisition.
Cool InvestmentsSellerCompanyThe previous owner of V&D before selling it to Secret Sales.
Sellside PartnersAdvisorCompanyFacilitated the acquisition deal for Secret Sales.
Chris GriffinExecutivePersonCEO of Secret Sales, responsible for leading the acquisition strategy.
Jonathan KahnPartner, outgoing ownerPersonPartner at Cool Investments and outgoing owner of V&D.