Private Sales etailer Brand Alley has posted a 70% sales increase for the first nine months of this year.
The retailer has attracted 75,000 new customers and sales soared to £23m over that period boosted by the new brands it has attracted to the site this year.
Brand Alley chief executive Rob Feldmann told The Independent: “The brands have realised it is an unbelievable way of getting new customers, both by driving traffic to their websites and high street stores.”
Brand Alley, which part-owned by News International, is trying to raise €100m (£86.7m) to fund the acquisition of fledgling businesses in the sector. Merrill Lynch was appointed to oversee the process in May.