Thursday, 18 April 2024
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Euro cycling e-tailer Deporvillage makes FT1000, evaluates English speaking site

An emerging giant in the online retail world, Deporvillage, is evaluating adding an English language platform having achieved startling growth in Europe.

Recently named by the Financial Times as part of the publication’s FT1000 round up of companies in the ascendancy, Deporvillage closed 2017 with 35 million euros in revenues, with a growth rate of 60%. This followed doubled revenues in 2016, where the sporting specialist hit the 22 million euros. Consequently, the forecasts for the current year are positive, keeping the double-digit growth.

The FT1000 list includes the top 1,000 companies in Europe that have achieved the highest percentage growth in revenues between 2013 and 2016. Among those companies ranked, technology has been the sector which drove the main growth.

Already Spain’s leading sports equipment e-tailer, the firm specialises in cycling and running, but also sells triathlon goods. Deporvillage also sells its products into Spain, France, Italy and Portugal.

“We are evaluating launching another site in English,” the firm’s PR Specialist Xènia Pujols told CI.N of many growth avenues ahead.

Founded only in 2010, already the business serves around 600,000 customers and boasts one million website visitors per month.

Deporvillage shares FT1000 ranking with other three companies supported by SeedRocket, which are Marfeel Solutions (advertising; 16), Kantox (Fintech; 63) and Ulabox (ecommerce; 485). The complete list would be published in April 30th in the print edition of the Financial Times, as part of a special report titled “FT1000: Europe’s Fastest-Growing Companies “.