Flash sales site Showroomprivé saw its losses decrease 17 % and turnover rise by 2 % in 2018, after a strong performance on its French home market.
Turnover on the rise
The French group suffered a net loss of 4.4 million euros in 2018, which is still an improvement of 16.8 % compared to the year before. Total turnover went up 2.3 % to 672.2 million euros as French sales went up an impressive 5.3 %. International growth was a lot slower however, at just 1 % (to 112.3 million euros).
The number of online orders went down from 15.7 million to 15.1 million, but that was compensated by a 5.5 % rise in average order size (to 40.6 euro). The site also reached the milestone of 9 million customers.
Showroomprivé was founded in 2006 and has expanded to become a flash sales site in fashion that operates in nine countries throughout Europe. The company offers a daily selection of over 2,000 different partner brands.
