fashionette aims to become the leading data-driven online platform for premium and luxury fashion accessories across Europe, replicating its success in Germany. Management expects revenue growth to exceed market growth (Statista forecast of 17% pa in 2020–23) as its geographic coverage and product offer is enhanced via a combination of organic and inorganic growth. In the near term, revenue growth could exceed profit growth as the company invests in building a strong customer base across more countries.
29 Oct 2020
fashionette - Growth is in fashion
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fashionette - Growth is in fashion
fashionette aims to become the leading data-driven online platform for premium and luxury fashion accessories across Europe, replicating its success in Germany. Management expects revenue growth to exceed market growth (Statista forecast of 17% pa in 2020–23) as its geographic coverage and product offer is enhanced via a combination of organic and inorganic growth. In the near term, revenue growth could exceed profit growth as the company invests in building a strong customer base across more countries.