Vente-privee.com sales jump 33% in 2009

UK sales at the retailer, which runs flash sales of branded jewellery and watches, totalled ?2.7m in 2009

Private sales website expects UK sales to grow 167% in 2010

Sales at members-only retail website Vente-privee.com jumped 33% in 2009.

UK sales at the retailer, which runs flash sales of branded jewellery and watches, totalled £2.7m in 2009. Vente-privee.com said that the UK is a strong market for it and expects sales to rocket 167% in 2010 to £7.2m.

Vente-privee.com forecast at the beginning of 2009 that it would reach a total turnover of £556m but stronger-than-expected international growth pushed total European sales up to £610m in 2009.

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Vente-privee co-founder and chief executive Jacques-Antoine Granjon said: “We have every reason to be very optimistic. Last year, Germany saw 100% growth and turnover of £38m and Spain 95% growth and turnover of £40m. With respective turnovers of £8.7m and £2.7m, Italy and the UK also look promising.”

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