Showroomprive news and archive

Showroomprivé in the red in 2025 as sales continue to decline

Paris - Showroomprivé (SRP Groupe) announced on Wednesday a net loss of approximately 31 million euros (36.20 million dollars) and a 13 percent drop in its turnover for 2025. Its sales continue to decline in early 2026. The flash sales player therefore remains in the red after a net loss of 133 million euros in 2024. In 2025, its turnover...

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Showroomprivé to sell stake in The Bradery for 43.6 million euros

Showroomprivé (SRP Group), a European leader in flash sales, has announced its intent to sell its 52.75 percent stake in The Bradery brand back to its founders, Timothée Linyer and Edouard Caraco. The cash transaction values The Bradery at 43.6 million euros, reflecting the immense success of the platform since SRP Group acquired its majority...

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Showroomprivé: Turnover down nearly 17 percent in first quarter

Paris - Online sales group Showroomprivé recorded a year-on-year decline in turnover of 16.5 percent in the first quarter, amid a “persistently lacklustre market”, it announced on Wednesday. Over the first three months of the year, the group's turnover amounted to 127.5 million dollars (of which 99.2 million dollars in France), compared with...

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Showroomprivé posts 7.9 percent decline in Q3 sales

Showroomprivé recorded a gross merchandise value (GMV) of 703 million euros over the first nine months of 2024, down 0.7 percent, while sales also declined by 5.1 percent compared to the same period last year. For the third quarter, GMV of 204 million euros decreased by 2.3 percent and sales at 128.7 million euros declined by 7.9 percent. During...

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Showroomprivé: H1 sales decline 4 percent

Showroomprivé recorded a GMV of 499 million euros, up 0.1 percent for the first six month period and a 4 percent decline in sales to 318.1 million euros, impacted by lower volumes in its historic business lines in France. The company witnessed 50 percent growth at The Bradery, 62.8 percent increase in marketplace GMV, 11.7 percent in travel &...

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Showroomprivé reports slight decline in Q1 revenues

Showroomprivé (SRP Groupe), reported a first quarter GMV of 247.2 million euros, up 3 percent, while revenues decreased slightly by 3 million euros or 1.9 percent. Showroomprivé confirms that 2024 will be a year of transformation, with operating expenses that may impact profitability. Commenting on the first quarter update, David Dayan, chairman...

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Showroomprivé achieves positive GMV and revenues growth in 2023

In 2023, Showroomprivé achieved a gross merchandise volume (GMV) of one billion euros, representing a 6.3 percent increase compared to the previous fiscal year. The company said, revenue amounted to 677.7 million euros, up by 3 percent compared to 2022, despite economic deterioration in the latter part of the year affecting second-half activity,...

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Showroomprivé revenues increase by 4.6 percent

Over the first nine months of the year, Showroomprivé recorded an 8.7 percent growth in GMV to 705.8 million euros and 4.6 percent in net revenue to 471 million euros. In the third quarter, the company said, weak household consumption led to a downturn in the core business with GMV remaining stable at 208.1 million euros and revenues declining...

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Showroomprivé reports H1 sales growth of 8.5 percent

Showroomprivé’s first half growth of 8.5 percent to 331.3 million euros was driven by good commercial performances in the first quarter and by the success of the flagship private sales site, The Bradery, which saw record levels of sales in the second quarter. On a constant scope basis, excluding The Bradery, growth stood at 2.4 percent. GMV...

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Showroomprivé records Q1 revenue growth of 12.3 percent

In the first quarter of 2023, the Showroomprivé Group recorded revenue of 155.7 million euros, up 12.3 percent. The company said in a statement that acquisition of The Bradery continues to bear fruit, contributing to an incremental growth of 5.4 percentage points on top of the group’s organic growth of 6.9 percent. Its sales grew by more than 33...

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Showroomprivé 2022 revenues decline by 9.2 percent

Showroomprivé (SRP Group), for the year ended December 31, 2022, reported net revenue of 657.4 million euros, down 9.2 percent from 2021 and down 11.4 percent on a like-for-like basis. Compared with the pre-Covid-19 pandemic, 2022 revenue was up 6.8 percent. The company said in a statement that while the group anticipated some of the year’s...

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Showroomprivé posts Q3 revenue increase of 7.5 percent

Showroomprivé (SRP Group) reported third quarter net revenue growth of 7.5 percent driven by better-than-expected activity in July and August, despite a drop in e-commerce traffic compared to the same period in 2021. Revenues for the nine-month period were down 13.9 percent compared to 2021, but up 5.4 percent compared to 2019. Commenting on the...