Record Profits, Encouraging UK Growth and Over 77% Increase in Marketplace Partners
Sales, profit and users are up at Spreadshirt, the self-expression global e-commerce company. In 2017 Spreadshirt increased growth and recorded an exceptional €8.2M EBITDA. The 15-year-old enterprise achieved this in a year when most of the competition lost ground.
Through simplification, strategic technology investments and a focus on the highly competitive USA market, Spreadshirt had a remarkable year, hitting a total revenue of more than €107 million globally. The UK showed encouraging revenue growth too; €4.7m, up over 5% from 2016. Worldwide, the self-expression global company has seen growth rate of 14.8% from 2016 to 2017. The Licensing business is also up 46% globally in 2017.