Sales target exceeded as Spreadshirt cracks 65 million euros mark
London, 13th February 2013 – Despite a difficult economic global picture, Spreadshirt saw record-breaking sales of over 65m euros in 2012, up 42% on the previous year (45.8m euros). Sales increased by 30% across the company’s core European market (including the UK). A significant growth-driver was the North American market, which saw a 69% increase in sales, recorded as 24,4m euros. The UK market achieved a commendable 24% year-on-year growth in sales. Spreadshirt also partnered with Amazon in November 2012 where it now automatically launches top sellers.
Spreadshirt, the e-commerce platform for creating, selling and buying ideas & things that consumers love to wear, use and carry, closed out the year with impressive Q4 results; global revenue was up 30% over Q3 beating expectations by 20%.
Spreadshirt CEO, Philip Rooke, commented “We are excited that 2012 was a great year. We have exceeded our predicted revenues and have increased our profitability at the same time. Spreadshirt’s growth in the UK shows how our e-commerce platform, with its risk-free approach and top quality offering, is really resonating with both consumers and brands alike”. He predicts, “In 2013 our focus is mainly on the expansion of our product range, the further international expansion as well as the development of our platform and the integration with new partners – this will give us a further push. Further to that we will add 2 to 3 new countries each year for the next four years-further grabbing global market share and enhancing our international presence.”
Spreadshirt’s second US production facility, in Las Vegas, will meet consumer and corporate demand on the west coast of America, but also two other important regions for Spreadshirt; South America and Australia
Note to Editors:
Other notable statistics and trends for 2012:
- over 46,000 active partner shops
- over 27,000 active designers
- over 3 million shipped products worldwide
Images are available via the Spreadshirt Press Room:
https://www.spreadshirt.co.uk/newsroom/about-spreadshirt/
About Spreadshirt
Spreadshirt (www.spreadshirt.co.uk)is the leading e-commerce platform lets anyone create, sell and buy ideas on things consumers love to wear, use, and carry. For the more than 45,000 active online shops selling around the world in 2012, the Spreadshirt platform offers a flexible, risk-free, print-on-demand approach with multiple points of sale. Spreadshirt’s fulfillment service handles everything from production and payment to shipping (within 3-5 days in the UK) and customer service.
Founded in 2002 in Leipzig Germany, Spreadshirt is a global company with Headquarters in Germany and the United States and factories in North America, Germany and Poland to allow rapid delivery to customers. For additional information, visit Spreadshirt on Twitter, Flickr or Facebook.
For more information about Spreadshirt, please contact PR Savvy
Mayra Cunningham / mayra.cunningham@prsavvy.co.uk / 078 2525 1615
Kate Warwick / kate.warwick@prsavvy.co.uk / 078 1069 7282