The European innovator of online private sales, Vente Privée, will be announcing official details about their move to the United States on May 12th. This company has been around for over 20 years, giving them extraordinary experience in selling exclusive fashion and lifestyle products to their customers.
FashionMag.com states, “With 1,332 employees spread across the 7 countries, Vente-privee.com turned over 969 million euros (all taxes included) in 2010, registering a 15% growth compared to 2009.”
On May 12th, Jacques-Antoine Granjon, the president and co-founder of Vente Privée is planning on attending a conference in New York to answer journalists’ questions and unveil, “its establishment in the United States via a partnership with a major global company.”
Vente Privée is 20% owned by large American investment firm, Summit Partners. Vente Privée is growing rapidly and has multiple surprises awaiting, possibly including a partnership with American Express. The companies have worked with each other for about three years. Because many American Express customers carry co-branded and airline credit cards, the company believes Vente Privée would be a great benefit.
Vente Privée, already wildly successful in France and Germany, now holds a presence in Spain, Italy, Austria, the United Kingdom and Benelux. They promise not to let their customers down and are confident that expanding the company to the United States will bring them a new customer base.