Showroomprive.com is a French

e-commerce E-commerce (electronic commerce) is the activity of electronically buying or selling of products on online services or over the Internet. E-commerce draws on technologies such as mobile commerce, electronic funds transfer, supply chain mana ...

company that specializes in online flash sales. Founded in 2006, the website offers daily exclusive sales in France and in 8 other European countries. As of 2016, the company has reached more than 26 million members. In 2015, the net revenue of Showroomprivé reached €443M, with an average annual growth rate of 28%. The company has a

net revenue In business and accounting, net income (also total comprehensive income, net earnings, net profit, bottom line, sales profit, or credit sales) is an entity's income minus cost of goods sold, expenses, depreciation and amortization, interes ...

goal of €750M by 2018.

History

Founders

Showroomprive.com was launched in France in 2006 by

Thierry Petit Thierry Petit (born May 12, 1973 in Nevers) is a French entrepreneur, known as the co-founder and co-CEO of showroomprive.com, created in 2006. He is also the vice-President of France Digitale and a business angel engaged in the French online ...

and David Dayan, two entrepreneurs with different backgrounds in fashion and in digital technology. Thierry Petit graduated in engineering and has worked in business for more than 20 years. Petit created the first price comparator in France, Toobo.com. He is also known to be the Vice President of the France Digitale association. David Dayan has been working in fashion retail since he was a teenager. He started in his family outlet business and became CEO of France Export before creating Showroomprivé with

Investment

In 2010, the American venture capital firm

Accel Partners Accel, formerly known as Accel Partners, is an American venture capital firm. Accel works with startups in seed, early and growth-stage investments. The company has offices in Palo Alto, California and San Francisco, California, with additional ...

bought into the capital of Showroomprivé for €37M. On 29 October 2015, the company was listed on the

Euronext Euronext N.V. (short for European New Exchange Technology) is a pan-European bourse that offers various trading and post-trade services. Traded assets include regulated equities, exchange-traded funds (ETF), warrants and certificates, bonds, ...

stock market and rose €256M through its

IPO An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment ...

. Its market

capitalisation Capitalization (American English) or capitalisation (British English British English (BrE, en-GB, or BE) is, according to Lexico, Oxford Dictionaries, "English language, English as used in Great Britain, as distinct from that used elsewhe ...

reaches €665M at the end of 2015 at the end of 2015.

International expansion

In 2010, the company settled in Spain. The group is now present in Italy (2011), in the UK (2011), in the

Netherlands ) , anthem = ( en, "William of Nassau") , image_map = , map_caption = , subdivision_type = Sovereign state , subdivision_name = Kingdom of the Netherlands , established_title = Before independence , established_date = Spanish Netherl ...

(2012), in

Portugal Portugal, officially the Portuguese Republic, In recognized minority languages of Portugal: :* mwl, República Pertuesa is a country located on the Iberian Peninsula, in Southwestern Europe, and whose territory also includes the Macaronesian ...

(2013), in

Belgium Belgium, ; french: Belgique ; german: Belgien officially the Kingdom of Belgium, is a country in Northwestern Europe. The country is bordered by the Netherlands to the north, Germany to the east, Luxembourg to the southeast, France to ...

(2013), in

Poland Poland, officially the Republic of Poland, , is a country in Central Europe. Poland is divided into Voivodeships of Poland, sixteen voivodeships and is the fifth most populous member state of the European Union (EU), with over 38 mill ...

(2013) and in Germany (2015). The international markets represented 15% of the net internet revenues in 2015. In October 2016, Showroomprivé acquired Saldi Privati, the second actor in online private sales in Italy, for €28M.

Organisation

Showroomprivé now has more than 800 employees in France and abroad: * La Plaine Saint-Denis * Saint-Witz *

Roubaix Roubaix ( or ; nl, Robaais; vls, Roboais) is a city in northern France, located in the Lille metropolitan area on the Belgian border. It is a historically mono-industrial commune in the Nord department, which grew rapidly in the 19th centur ...

Vendée Vendée (; br, Vande) is a department in the Pays de la Loire region in Western France, on the Atlantic coast. In 2019, it had a population of 685,442.

Madrid Madrid ( , ) is the capital and most populous city of Spain. The city has almost 3.4 million inhabitants and a metropolitan area population of approximately 6.7 million. It is the second-largest city in the European Union (EU), an ...

and

Barcelona Barcelona ( , , ) is a city on the coast of northeastern Spain. It is the capital and largest city of the autonomous community of Catalonia, as well as the second most populous municipality of Spain. With a population of 1.6 million within ...

Milan Milan ( , , Lombard language, Lombard: ; it, Milano ) is a city in northern Italy, capital of Lombardy, and the List of cities in Italy, second-most populous city proper in Italy after Rome. The city proper has a population of about 1.4 ...

The logistics are managed by Dispeo, Showroomprivé's partner since 2014.

References

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External links

www.showroomprive.com

www.showroomprivegroup.com
Online retailers of France