In the past fiscal year, French fashion web shop Vente-privee.com has lifted its turnover by nearly 50 % to 2.5 billion euro, mainly thanks to acquisitions such as Belgian Vente-exclusive.
“Only” 12 % without acquisitions
In the past fiscal year, the French company was quite active when it comes to acquisitions: it not only acquired Vente-exclusive, but also a Spanish and Swiss company. Vente-privee refused to divulge numbers for each division, but German web site Neuhandeln.de estimates the French division to have grown some 12 %, to 1.9 billion euro. That may appear rather meek, but “only” 12 % is still higher than the 8 % growth it managed the year before.
Vente-privee, Europe’s second largest fashion web shop, aims to continue its growth over the next few years and to catch up to the market leader, Zalando. It will implement a bold strategy to achieve its goals, with major focus on Zalando’s home territory, Germany. It has already opened an office in Berlin and has appointed a new board, the first steps of its new strategy.
