Secret Sales appoints Nick Beighton as chairman
Online fashion and beauty marketplace Secret Sales has appointed former ASOS chief executive Nick Beighton as chairman.
Prior to ASOS, where he previously held the roles of chief operating officer and chief financial officer, Beighton also worked as finance director at Luminar and held a senior role at Matalan.
Subscribe to TRBChris Griffin, chief executive of Secret Sales, said: “I am delighted that Nick is joining Secret Sales. He has a wealth of experience from his time at ASOS in building a global ecommerce fashion retailer. This is highly relevant as Secret Sales continues its journey to be the world’s largest marketplace for non-full-price fashion.”
Secret Sales was acquired by Griffin’s LRG Online in 2020 and now looks set to achieve growth of over 100% in the current financial year despite a challenging retail environment.
Beighton said: “Secret Sales is nothing short of a game-changer for the fashion and beauty industry. For too long, excess stock has been seen in terms of cash recovery using clearance channels that erode the brand. But with Secret Sales, the industry finally has access to a positive strategy for non-full-price inventory.”
Secret Sales’ seller base has increased by almost 40% in the last year and its partnerships with fashion and beauty brands include the likes of Superdry, Ted Baker, LK Bennett, Dolce & Gabbana, G-Star Raw and Versace 19v69.
