×
160
Fashion Jobs
HEALTHKART
Area Sales Manager- Healthkart - Lucknow, Agra, Gwalior
Permanent · Lucknow
HALONIX TECHNOLOGIES PVT LTD
Area Sales Manager - Lighting Retail Sales (Rajkot)
Permanent · Rajkot
CENTURY PLYBOARDS (I) LIMITED
Area Sales Manager
Permanent · Aurangabad
ELECTRONICA FINANCE LTD
Area Sales Manager - Bangalore Machinery Loan
Permanent · Bengaluru
NANDANI CREATION LTD
Production Manager
Permanent · Jaipur
ELECTRONICA FINANCE LTD
Area Sales Manager - Kolhapur Machinery Loan
Permanent · Kolhapur
DIAMOND RETAIL INDIA
Hiring For Sales Officer/Area Sales Manager (Jharkhand All District)
Permanent · Ranchi
CELEKT GADGETS LLP(A UNIT OF CELKON IMPLEX LTD).
Area Sales Manager / Executive (Male or Female)
Permanent · Adilabad(U)
ACME SERVICES
Sales & Marketing Manager For a Leading Apparel Company
Permanent · Mumbai
DIAMOND RETAIL INDIA
Hiring For Sales Officer/Area Sales Manager (Bihar All District)
Permanent · Katihar
HEALTHKART
Area Sales Manager- Healthkart - Lucknow, Agra, Gwalior
Permanent · Lucknow
DIAMOND RETAIL INDIA
Hiring For Sales Officer/Area Sales Manager (Rajasthan) All District
Permanent · Kota
DIAMOND RETAIL INDIA
Hiring For Sales Officer/Area Sales Manager (Uttar Pradesh)
Permanent · Gorakhpur
KALPA ELECTRIKAL PVT. LTD
Hiring Assistant Production Manager- Transformers/ Switchgear Industry
Permanent · Bengaluru
MEDLEY PHARMACEUTICALS LTD
Area Sales Manager - Delhi, Jodhpur & Kota
Permanent · Kota
MEDLEY PHARMACEUTICALS LTD
District Sales Manager - Calicut
Permanent · Kozhikode
CHOLAMANDALAM INVESTMENT & FINANCE
Area Sales Manager - Sme / Lap (Mumbai)
Permanent · Mumbai
CENTURY PLYBOARDS (I) LIMITED
Project Sales Manager
Permanent · Thiruvananthapuram
COMET GRANITO PRIVATE LIMITED
Vacancy For Area Sales Manager
Permanent · Vadodara
DRYCHEM SOLUTIONS PRIVATE LIMITED
Opening For Area Sales Manager - Walplast Products Pvt Ltd - Mumbai
Permanent · Mumbai
EXPLODE SERVICES
Production Manager Home Furnishing For Noida Location
Permanent · Noida
RENOVATE BIOLOGICALS PVT LTD
Area Sales Manager
Permanent · Ahmedabad
Published
Dec 3, 2017
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Is Feelunique owner mulling a sale?

Published
Dec 3, 2017

Feelunique saw record Black Friday sales, the beauty e-tailer said this week, as speculation emerged that its private equity owner is exploring a sale of the company.


Feelunique



Two sources told Business Insider that Palamon Capital Partners has started a sale process with investment bank Jefferies appointed to look at options.

Neither party would comment on the report, apart form saying that “like all private equity-backed companies, Feelunique is asked frequently about corporate interest in the business. As a rule, we never comment."

But the company did comment on its sales momentum, saying this week that its Black Friday Weekend saw sales of over £6 million, 40% up year-on-year. 

This was underpinned by strong performance from international websites, with retail sales more than doubling in both China and France.

Its average order value grew by 17% and a record-breaking 400,000 products were shipped during the promotion to 83 countries. Best-selling products included Urban Decay Naked Heat Eyeshadow Palette, Charlotte Tilbury Matte Revolution Lipstick, and Emma Hardie Moringa Cleansing Balm.

CEO Joel Palix, who moved to the company from Clarins nearly four years ago, said: “Feelunique’s trading through the Black Friday promotion is further compelling evidence of the shift in the beauty sector to online purchasing. 

“The focus we have given to establishing the leading technology-led digital platform in the sector, building an online community and solidifying our brand relationships, is really coming to fruition. In particular, to achieve more than 100% sales growth in China and France, compared to Black Friday last year, is testament to the success of our international expansion strategy – and we continue to develop this, and other, high growth international markets.”

Feelunique claims to be Europe’s biggest beauty e-tailer, offering over 30,000 products from 500 brands. Its giant business spans 120 markets and its has dedicated websites in the UK, France, the EU, Germany, Norway, China and the US. 

Palamon paid £26 million for the business five years ago and in the year to March, the e-tailer reported sales of £80 million. It has unveiled a number of initiatives and deals this year, offering same-day delivery, launching a subscription service, and buying French site The Beautyst, having earlier opened a Paris store.

Copyright © 2021 FashionNetwork.com All rights reserved.