Your browser is no longer supported. For the best experience of this website, please upgrade to a newer version or another browser.

Your browser appears to have cookies disabled. For the best experience of this website, please enable cookies in your browser

We'll assume we have your consent to use cookies, for example so you won't need to log in each time you visit our site.
Learn more

Mohamed al-Fayed snaps up luxury e-tailer Cocosa

Former Harrods owner Mohamed al-Fayed has made a return to retail by acquiring online retailer Cocosa.

The terms of the deal were not disclosed.

Magazine and radio group Bauer Media sold the private Sales site business to Cocosa Lifestyle, a company set up by the Al Fayed Family Trusts.

The site, which launched in 2008, has more than 500,000 members and sells luxury fashion and accessories brands including Vivienne Westwood and Julien MacDonald, at discounted prices.

Al-Fayed, who sold Harrods to Qatar Holdings for £1.5bn last year, is thought to be using Cocosa as a springboard to launch a new online retail empire.

Have your say

You must sign in to make a comment

Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions. Links may be included in your comments but HTML is not permitted.