Scalpers records a 31.5% increase in sales in 2023, reaching €200 million

Scalpers records a 31.5% increase in sales in 2023, reaching €200 million

By

Europa Press

Translated by

Roberta HERRERA

Published



Jan 9, 2024

The Spanish fashion label Scalpers has experienced a 31.5% increase in its sales in 2023, amounting to €200 million compared to €152 million in 2022, as reported by the company in a statement.

Scalpers flagship store in Madrid – Scalpers

The online channel has once again driven the group’s sales, growing by 30% in 2023 and now accounting for 23% of total sales. Apart from operating its own international website, Scalpers sells its products on marketplaces such as Zalando, Asos, El Corte Inglés, La Redoute, Privalia, and About You.

Consequently, the fashion brand concluded the previous year with a total of 333 points of sale across seven countries, including standalone stores and corners within El Corte Inglés and Palacio de Hierro in Mexico, employing over 1400 individuals directly.

In 2023, Scalpers bolstered its presence in Spain by opening two new flagship stores in Madrid and Seville, introducing the brand’s new store format that focuses on large spaces in the cities’ main hot spots.

On the other hand, the Scalpers Woman line also experienced significantly higher growth rates than the market average. In 2023, it accounted for 25% of the company’s sales and boasted 146 standalone or shared points of sale with other business lines.

Meanwhile, Invited Brands, the marketplace through which it sells products from other brands via its website, has now over 150 labels, both domestic (Hoff, Pompeii, or Camper, among others) and international (New Balance or Smeg), and now has two physical points of sale in Madrid and Seville’s new flagship stores.

Regarding 2024, Scalpers foresees “positive prospects” both in Spain and the international market, emphasizing its growth in Portugal, where business expanded by 22% in 2023, totaling 15 points of sale; in Mexico, boasting 23 points of sale and a 41% growth; and in Chile, experiencing a 26% increase in business.

Additionally, the fashion company has forged partnerships with international partners in Germany, France, the Netherlands, Italy, and Belgium, aiming to strengthen its foothold in Europe.

Copyright © 2024 Europa Press. Está expresamente prohibida la redistribución y la redifusión de todo o parte de los contenidos de esta web sin su previo y expreso consentimiento.

Source link

post a comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.