Spartoo announces 2021 Gross Commodity Value of €213.7m, up 10.3%, in line with IPO targets

GRENOBLE, France–(BUSINESS WIRE)–Regulatory news:

Spartoo (ISIN: FR00140043Y1 – mnemonic: ALSPT) (Paris:ALSPT), one of the leading online retailers for fashion items in Europe, today announced its unaudited annual consolidated GMV1.

(in thousands of euros, limited review)

31/12/2021

31/12/2020

Change

Gross value of goods

213,663

193,725

10.3%

As of December 31, 2021, GMV reached €213.7 million, up 10.3% compared to the same period last year, when GMV was €193.7 million2. The Group thus confirms its GMV growth target of more than 10% compared to 2020.

Boris Saragaglia, co-founder, CEO of Spartoodeclared: “The commercial performance recorded in 2021, in line with our objective announced at the time of the IPO, supports our development ambitions in the short and medium term, driven by the positive momentum of e-commerce and our wide range of products. The roadmap established during our IPO, aimed at strengthening our fashion offer and increasing awareness of the Spartoo brand, remains unchanged. Our growth momentum should continue over the coming year, driven by our strong assets, namely our strategy of internalizing the entire e-commerce value chain, guaranteeing customer knowledge and experience. unique, and our desire to offer the widest choice of items possible. to our customers.”

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Next financial event

2021 annual results, Monday March 21, 2022, after market close

About Spartoo

With 10,000 brands and over 1 million items, Spartoo offers one of the widest selections of fashion items (shoe, ready to wear, Bags) in more than 30 countries in Europe, thanks to its team of more than 400 employees of nearly 30 different nationalities. In 2021, the Group generated a GMV (Gross Merchandise Value) of 214 million euros, of which 41% internationally. With an integrated logistics platform and after-sales service, Spartoo stands out for its customer-centric approach, as evidenced by a very high customer satisfaction rate. The strategy is based on the strong synergies between the online sales model and the strengths of physical stores, vectors of loyalty and notoriety. Capitalizing on its e-commerce know-how, Spartoo has also developed a complete range of services for professionals.

Visit the Group’s websites:

www.spartoo.com

www.spartoo-finance.com

1Gross Merchandise Value (GVV): total sales of products (VAT included) and services, net of returns.

2Figures subject to a limited review by the auditors.