Showroomprive news and archive

Showroomprivé reports 50.9 percent sales growth

Group net revenues at Showroomprivé were up 50.9 percent to 178.4 million euros for the first quarter of 2021, while internet revenues grew 53.7 percent to 176.5 million dollars, with strong growth recorded for nearly all sales sectors. The company said, online sales in France were 147 million euros, up 51.8 percent over the period, while...

Apr 29, 2021

Report

Showroomprivé posts 13.3 percent revenue growth in 2020

Showroomprivé recorded sales growth of 13.3 percent to 697.5 million euros for the full year and 23.5 percent to 232.8 million euros in the fourth quarter with full year internet sales up 14.1 percent and growth of 25.9 percent in the second half revenues. The company’s EBITDA reached 42 million euros compared to 31.4 million euros, while there...

Mar 12, 2021

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Showroomprivé raises 2020 EBITDA outlook

European online fashion retailer Showroomprivé announced revenue growth of over 23 percent in the fourth quarter, bringing the group’s annual revenues to nearly 700 million euros, up from 616 million euros in 2019. The company said in a statement: “Showroomprivé has taken advantage of the favourable evolution of the e-commerce and is reaping the...

Feb 11, 2021

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Showroomprivé raises Ebitda outlook for 2020

European online retailer Showroomprivé, following an excellent year-end performance in line with the trend observed over the past two quarters, has raised its 2020 Ebitda target to be over 30 million euros from close to 20 million euros as previously announced. The company said, during the fourth quarter, traditionally the strongest of the year,...

Dec 18, 2020

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Showroomprivé returns to positive Ebitda growth in H1

First half net revenues at Showroomprivé were stable at 302.7 million euros (354 million dollars), with second quarter growth of 19 percent offsetting the 20 percent decline in the first quarter. The company said in a statement that since April 2020, the group enjoyed a strong business recovery which continued post-lockdown, partly driven by the...

Jul 27, 2020

Business

Co-founders Showroomprive to relaunch French fashion house Sonia Rykiel

Two co-founders of online store Showroomprive on Wednesday announced they would relaunch French fashion label Sonia Rykiel, nearly five months after its demise following a court ruling. A court in Paris in July ordered the winding up of the loss-making brand founded by the "Queen of Knits". The designer, who died nearly three years ago at the...

Dec 19, 2019

Report

Showroomprivé Q3 sales decline 8.3 percent

European online retailer Showroomprivé’s net revenues fell 8.6 percent to 125 million euros (138.8 million dollars) in the third quarter of 2019, down 7.8 percent after adjusting for the closure of operations in Germany, Poland and the closure of multi-currency website in 2018. The company said, total Internet revenues, which represent the group...

Oct 25, 2019

Management

Showroomprivé reports challenging first half results

First half revenues at Showroomprivé were down 4.3 percent to 302 million euros (336.5 million dollars), which the company said was due to a sluggish global economic environment over the first six months of the year, and the mechanical decline in revenues expected in international business. The company added that the group posted an EBITDA loss...

Jul 26, 2019

Fashion

What to expect in fashion news from week 30, 2019

What’s going on in the world of fashion this week? FashionUnited takes a look ahead at the upcoming news and events for the 30th week of the year. Below are the main points from the editorial agenda in the period between 22-28 July, 2019. Pure London (21-23 July) On Sunday the Pure London trade show will be back in the UK capital. Keep an eye...

Jul 22, 2019

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Showroomprivé issues profit warning

European online fashion retailer, Showroomprivé has announced that financial performance in the first half of the this fiscal year was not on the expected lines compared to the “Performance 2018-2020” plan anticipations, so the company will not able to reach its objective of a profitability in line with historical levels in 2019. Showroomprivé...

Jul 1, 2019

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Showroomprivé Q1 net revenues drop 2.3 percent

European online retailer Showroomprivé reported 2.3 percent drop in net revenues to 147.3 million euros (165.5 million dollars) in the first quarter of 2019 and 1.7 percent adjusted for the closing of business in Germany, Poland and the multi-currency website. Total Internet revenues also declined by 1.2 percent. “We continued to implement our...

May 13, 2019

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Showroomprivé acquires 100 percent stake in Beauteprivee

European online retailer Showroomprivé has purchased the remaining 40 percent of Beauteprivee’s share capital. The company said, in March 2017, the group had acquired a 60 percent equity stake in Beauteprivee, the French online flash sales player specialized in cosmetics, beauty and well-being products, along with the option to purchase the rest...

May 1, 2019