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    FSNT   DE000A2QEFA1

FASHIONETTE AG

(FSNT)
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SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector news

PRESS RELEASE : fashionette sets new record results in Cyber Week and November 2020

12/04/2020 | 01:31am EDT
 
 DGAP-News: fashionette AG / Key word(s): Incoming Orders/Development of 
Sales 
fashionette sets new record results in Cyber Week and November 2020 
 
2020-12-04 / 07:30 
The issuer is solely responsible for the content of this announcement. 
 
*fashionette sets new record results in Cyber Week and November 2020* 
 
· Accelerated November 2020 order value growth of +44% year over year 
 
· Demand driven by very rapid +93% total new customer growth 
 
· New customers from non-German speaking countries growing +184% 
 
*Dusseldorf, 4 December 2020.* fashionette AG (ISIN DE000A2QEFA1), a leading 
European data-driven online platform for premium and luxury fashion 
accessories with a focus on the German, Austrian and Swiss region, has set 
new order value records for both Cyber Week and November 2020. 
 
In November 2020, fashionette achieved an accelerated order value growth of 
+44% year over year, supported by a strong Cyber Week. As such, November 
2020 marks the most successful month in the Company's history. 
 
Record order values were driven by a very rapid new customer growth of +93%. 
fashionette continued to attract new customers from non-German speaking 
countries at an even higher rate of +184% compared to November 2019. 
 
"With record order value growth in November 2020, notwithstanding the boost 
from the phasing of Cyber Monday, we continue to exceed our 2020 targets and 
are excited about our successful start to the holiday season. We are seeing 
dynamic customer growth in the DACH region but even more so in our 
non-German-speaking countries. While we are focused firmly on growing our 
platform, we also continue to realize efficiency gains. I am proud of our 
teams' achievements and very happy with the progress made to date, which 
provides a strong basis for our future growth," says Daniel Raab, CEO of 
fashionette. 
 
*About fashionette:* 
 
fashionette is a leading European data-driven online platform for premium 
and luxury fashion accessories including handbags, shoes, sunglasses, 
watches and jewelry. Since its foundation in 2008, fashionette has 
established a market-leading brand recognition for premium and luxury 
handbags in its core market of Germany. The focus of fashionette is to make 
personalized online shopping of premium and luxury fashion accessories 
available to every woman in Europe. For additional information about 
fashionette, please visit fashionette's websites at 
corporate.fashionette.com [1] (Corporate Website) and www.fashionette.com 
[2] (webshop). 
 
*fashionette AG* 
 
Investor Relations 
ir@fashionette.com 
Tel.: +49 (0)211 17607828 
Grafenberger Allee 295 | 40237 Dusseldorf | Germany 
corporate.fashionette.com [1] 
 
*fashionette AG press contact* 
 
Susan Hoffmeister 
ir@fashionette.com 
Tel.: +49 (0)89 125 09 03 30 
 
2020-12-04 Dissemination of a Corporate News, transmitted by DGAP - a 
service of EQS Group AG. 
The issuer is solely responsible for the content of this announcement. 
 
The DGAP Distribution Services include Regulatory Announcements, 
Financial/Corporate News and Press Releases. 
Archive at www.dgap.de 
Language:    English 
Company:     fashionette AG 
             Grafenberger Allee 295 
             40237 Düsseldorf 
             Germany 
E-mail:      ir@fashionette.com 
Internet:    corporate.fashionette.com 
ISIN:        DE000A2QEFA1 
WKN:         A2QEFA 
Listed:      Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt 
             (Scale), Hamburg, Hanover, Munich, Stuttgart, Tradegate 
             Exchange 
EQS News ID: 1152762 
 
End of News DGAP News Service 
 
1152762 2020-12-04 
 
 
1: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=0afb820735f3429c8ebd9032be18c850&application_id=1152762&site_id=vwd&application_name=news 
2: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=4e892ea2f727ee38ac053fb81b451955&application_id=1152762&site_id=vwd&application_name=news 
 

(END) Dow Jones Newswires

December 04, 2020 01:30 ET (06:30 GMT)

Stocks mentioned in the article
ChangeLast1st jan.
FASHIONETTE AG -0.60% 33.4 Delayed Quote.3.38%
TRADEGATE AG WERTPAPIERHANDELSBANK 3.90% 120 Delayed Quote.73.68%
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Financials
Sales 2021 151 M 183 M 183 M
Net income 2021 2,30 M 2,79 M 2,79 M
Net cash 2021 9,60 M 11,6 M 11,6 M
P/E ratio 2021 90,8x
Yield 2021 -
Capitalization 208 M 253 M 253 M
EV / Sales 2021 1,32x
EV / Sales 2022 0,88x
Nbr of Employees 148
Free-Float 94,8%
Chart FASHIONETTE AG
Duration : Period :
Fashionette AG Technical Analysis Chart | FSNT | DE000A2QEFA1 | MarketScreener
Technical analysis trends FASHIONETTE AG
Short TermMid-TermLong Term
TrendsBullishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 1
Average target price 63,00 €
Last Close Price 33,60 €
Spread / Highest target 87,5%
Spread / Average Target 87,5%
Spread / Lowest Target 87,5%
EPS Revisions
Managers and Directors
NameTitle
Daniel Raab Chairman-Management Board & CEO
Oliver Serg Chairman-Supervisory Board
Thomas Buhl Chief Operating & Technology Officer
Stefan Schütze Deputy Chairman-Supervisory Board
Karoline Huber Member-Supervisory Board
Sector and Competitors
1st jan.Capitalization (M$)
FASHIONETTE AG3.38%253
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KERING26.04%113 315
FAST RETAILING CO., LTD.-9.09%77 973
ROSS STORES, INC.-3.32%42 401
HENNES & MAURITZ AB21.98%40 494