Showroomprive.com takes first step towards IPO | RetailDetail

Showroomprive.com takes first step towards IPO

Showroomprive.com takes first step towards IPO

French online fashion retailer Showroomprive.com has taken its first steps towards an IPO by the end of the year. With the money it hopes to attract, it wants to speed up its growth.

200 million euro in new capital

Showroomprive.com has filed its first documents for an IPO with the AMF (Autorité des marchés financiers) and now hopes it can step onto the French stock exchange by the end of October or the beginning of November. All in all, it hopes to attract around 200 million euro in capital.

 

Thierry Petit and David Dayan, the founders, currently own 60 % of all shares and will maintain a majority after the IPO. Investor Accel Partners, on the other hand, will sell off most of its stake.

 

Founded in 2006, Showroomprive.com is currently active in 7 European countries and has plans to enter the German market. Its 2014 turnover reached 350 million euro, with its turnover up 30 % over the past three years thanks to its international expansion. Showroomprive.com has 20.2 million members worldwide.

Questions or comments? Please feel free to contact the editors


Colruyt joins PostNL's grocery service

20/02/2018

The mailman will deliver groceries every two weeks from now on: PostNL will collaborate with new grocery service Stockon in the Netherlands. A remarkable fact is that its private label brands are Boni, which is Belgian supermarket chain Colruyt’s private label.

Strong growth for Chinese e-commerce once again

09/02/2018

There was another strong increase in the Chinese online market last year: compared to 2016, it achieved an astonishing 32 % growth. In that regard, China is performing exceptionally online.

European Union bans geoblocking

07/02/2018

Consumers can no longer automatically be diverted to another website or be blocked from visiting a website abroad. The European Parliament reached an agreement on this issue and the ban will probably go in effect later this year.

JD.com is looking at Europe

06/02/2018

Chinese JD.Com has plans to conquer Europe soon, which would make it a serious competitor for Amazon. The web shop’s first European market will most likely be France.

Rocket Internet wants to go public with Home24

19/01/2018

Rocket Internet wants to go public with its furniture web shop Home24 in the summer. During the next few months, it will work tirelessly to improve the web shop’s results.

Carrefour buys stake in Showroomprivé

12/01/2018

Carrefour has obtained a 17 % minority stake in flash sale seller Showroomprivé with the intent of increasing its digital and non-food reach. Former shareholder Conforama did suffer a loss.

Back to top