×
2 476
Fashion Jobs
AESOP
CRM Director, Global
Permanent · London
VIVIENNE WESTWOOD
E-Commerce Studio Operations Manager
Permanent ·
STELLA MCCARTNEY
Art Director
Permanent · LONDON
HEAD OFFICE
Cyber Security Lead – Incident Response
Permanent · BRACKNELL
JOHN LEWIS
Team Manager, Operations
Permanent · LONDON
MAJE
Assistant Area Manager - London
Permanent · LONDRES
PRETTYLITTLETHING
Cyber Security Analyst
Permanent · MANCHESTER
PRETTYLITTLETHING
Buyer
Permanent · MANCHESTER
AESOP
Retail Consultant | Fixed-Term | Part-Time | Brighton
Permanent · Brighton
PRETTYLITTLETHING
Senior Affiliate Marketing Executive
Permanent · MANCHESTER
BOOHOO
Ecommerce Trading Executive
Permanent · MANCHESTER
ESTEE LAUDER
Clinique - Consultant - Brown Thomas, Dublin - 15 Hours - Part-Time, Permanent
Permanent · Dublin
SHISEIDO
Nars Account Manager - Harvey Nichols London (37.5 Hours)
Permanent · London
ESTEE LAUDER
Clinique - Consultant - m&s Newcastle - 15 Hours - Part Time, Permanent
Permanent · Newcastle upon Tyne
ESTEE LAUDER
jo Malone London - Marketing And Consumer Engagement Director
Permanent · London
AESOP
Retail Consultant | Part-Time, Permanent | Aesop Selfridges Exchange Square, Manchester
Permanent · Central
BOOHOO
Print Sales Account Manager
Permanent · MANCHESTER
VF INTERNATIONAL
dc Team Leader
Permanent · COALVILLE
ESTEE LAUDER
Mac Cosmetics - Business Manager - Mac Stratford2, London - 37.5 Hours / Week - Full Time, Permanent
Permanent · London
HARRODS
Brand Manager
Permanent · LAKESIDE
HARRODS
Uniformed Security Officer
Permanent · LONDON
VF INTERNATIONAL
Senior Distribution Systems Specialist
Permanent · COALVILLE
Published
Nov 2, 2015
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

ShowroomPrivé: a Stock Exchange flotation with a €660 million capitalisation

Published
Nov 2, 2015

The bell sounded at 9am on 30th October, as ShowroomPrivé made its debut on the Euronext Paris stock exchange. The operation took place in the presence of Economics Minister Emmanuel Macron, with the stock listed at €19.50 per share. This is the lowest end of the price range, given the currently unfavourable market situation, though this remains the most significant high tech industry flotation since 2006.

Eric Piermont/AFP


Euronext Paris wore the portal's colours for the occasion, and under a deluge of pink and silver leaves the site's founders, David Dayan and Thierry Petit, celebrated the end of a countdown that began last September.

"The markets have been troubled lately," Thierry Petit didn't hide the fact. "But we escaped the worst of the crisis, while many other stock market flotations have been postponed. We have been lucky in putting together a very successful operation, raising more than €250 million in capital. I believe that investors were able to realise how solid our company is."

"Setting an example"

"We managed to attract French, Anglo-Saxon and Asian investors..." enthused David Dayan. "This is proof that our model is appreciated and that the company we created appeals to investors and businessmen who are leaders in their industries (such as Chinese group VipShop, which invested €30 million).

"You are setting an example," declared Economics Minister Emmanuel Macron, who was present and extolled the benefits of entrepreneurial risk-taking and of the financing of high-tech companies through the stock exchange.

Active in eight countries, last year ShowroomPrivé generated a revenue of €480 million. The website produced 60% of its sales with fashion, chiefly women's. With 74% of aided brand awareness, last year ShowroomPrivé sold 24 million pieces, and attracted 4 million new subscribers. It's a 40% sales increase, chiefly brought about by the mobile channel, which now accounts for 65% of the traffic.

Copyright © 2022 FashionNetwork.com All rights reserved.