Showroomprivé grows to €540 Million (+22%) and Buys Beauteprivee

showroomprivé.png

Showroomprivé published its FY2016 results (PDF): In 2016, the company grew by 22% to €540 million and projects to hit revenues in 2017 between €690 million und €720 million.

showroomprivée.png

„Showroomprivé has defined a new medium term roadmap and growth trajectory for 2020. The group targets to generate c. €1.1Bn in revenues by 2020.“

A lot of detailed key figures can be found in the report (PDF):

Showroomprivée 2016 2.png

Also, Showroomprivé announced the acquisition (PDF) of Beauteprivee:

With over 3 million members and more than 800 brand partners, Beauteprivee is the French leading online flash sales player specialized in cosmetics, beauty and well-being products and services.
The company, founded in 2007 by Xavier Chauvin and Frederic Bille with the support of Voyageprive’s founders including Denis Philipon, reported IFRS net sales of 19 million euro in 2016, up more than 40% versus the previous year. Its EBITDA margin exceeded 7%.

More on this topic:

2 comments

  1. […] Europe, Vente-Privée and Showroomprivé are attacking and buying local shopping clubs and are, in the process, building powerful players […]

    Like

  2. […] Vente-Privée and Showroomprivé will rejoice hearing this as will Zalando Lounge, Zalando’s shopping club. […]

    Like

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: