The event sales site’s net revenue fell by 2.3%, down to €147.3 million. Excluding the effect of the closure of the site’s German and Polish subsidiaries, and of the group's multi-currency sites, the downturn was 1.76%.
The online flash sale platform has announced a strategic partnership with Carrefour, which has sealed the deal by buying the 17% stake acquired by Conforama – a subsidiary of the Steinhoff group – last summmer.
Showroomprive.com, the French fashion e-tailer that went public on the Euronext Paris market this October, announced the appointment of three Independent Directors, plus the nomination of stakeholders' representatives.
The website made its SE debut on 30th October, listed at €19.50 per share. Despite the current market conditions, the lower end of the price range generated a stock market capitalisation of €660 million.