Privalia news and archive

Privalia puts it Brazilian subsidiary up for sale

Privalia has reportedly put its Brazil´s business up for sale. The company is one of the largest e-commerce platforms in the country and has reportedly gotten the attention of the Brazilian e-commerce heavy weights. Privalia is asking 1 billion reais (156.8 million euros) for the deal, about 16 times more than the Brazilian subsidiary´s Ebitda...

Fashion |INTERVIEW

Veepee hires those who know how to move in complex contexts and get involved

FashionUnited publishes a series of interviews dedicated to the most requested professionals in the field of fashion, both by the brands and by companies active in the fashion e-commerce and luxury. That's why FashionUnited decided to hear from fashion and e-commerce companies to understand which are the most popular roles and how much employees...

Business

Vente-privee.com acquires Privalia and takes majority stake in eboutic.ch

French flash sales site vente-privee.com has strengthen its position in Europe by acquiring online fashion outlet Privalia and taking a majority stake in Swiss private-site eboutic.ch. "In an increasingly competitive environment, these acquisitions reflect the site’s commitment to continue its momentum in the development of the European market,"...

BusinessFeatured

Privalia sells Dress For Less to its management and focus back in core markets

Spanish online fashion outlet Privalia has sold its German business Dress For Less to its current management for a sum that remains undisclosed. The German subsidiary has not but enhanced Privalia´s red numbers in the last couple of years. Following what some in the trade have defined as an erratic expansion policy, Privalia entered the German...

Fashion

Privalia closes a very positive 2013: 16.6 million gross profit

2013 has been a good year for the online fashion outlet Privalia. The Spanish fashion company closed last year with a gross operating profit (EBITDA ) of 16.6 million euros. This is the first consolidated annual profit for the company. "In 2013 we made a qualitative and quantitative improvement of our catalogue, updating it daily and making it...

Design

Inditex dominates online fashion sales in Spain

According to a data report published today by the Companies Registry, retail holding company Inditex obtained a turnover of 82.2 million euros for online sales in Spain for 2012, making the company the biggest seller of online fashion in the country. Inditex biggest rival for online sales is Privalia, according to the data report in Spanish...