
The Bradery
An ecommerce for online flash sales.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor investor investor investor investor | €0.0 | round |
* | N/A | Acquisition | |
Total Funding | 000k |
EUR | 2019 | 2020 | 2021 |
---|---|---|---|
Revenues | 0000 | 0000 | 0000 |
% growth | - | 1004 % | 122 % |
EBITDA | 0000 | 0000 | 0000 |
Profit | 0000 | 0000 | 0000 |
% profit margin | (40 %) | (3 %) | - |
EV | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 |
Source: Company filings or news article
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The Bradery operates as an online retail platform specializing in private, ephemeral sales of premium apparel and accessories for a millennial and Gen Z audience. The company was founded in May 2018 by childhood friends Edouard Caraco and Timothée Linyer. Their journey into fashion e-commerce was preceded by a joint venture in e-commerce logistics, where they identified a significant market inefficiency: desirable brands holding substantial amounts of unsold, perfect-condition inventory. This insight directly led to the creation of The Bradery, a platform designed to revalorize this dormant stock.
The business model centers on offering a curated selection of high-end brands through daily flash sales, emphasizing quality over quantity to create an exclusive, can't-miss event for its members. This strategy protects the brand image of its partners while providing consumers access to sought-after items at reduced prices. The company generates revenue by taking a commission on the sales of this overstock, a model that proved successful with early partners like Vanessa Bruno, Maje, and American Vintage. The Bradery's primary market is France, with recent expansion into Spain and Belgium. A core element of their strategy is a strong reliance on social media, particularly Instagram, to build a community and create compelling narratives around the products and brands they feature.
In April 2022, major European online retailer Showroomprivé acquired a 51% majority stake in The Bradery for €10.2 million, with an option to purchase the remainder by 2026. This acquisition was intended to accelerate The Bradery's growth by leveraging Showroomprivé's extensive logistics network and customer base, while allowing The Bradery to operate independently under its existing leadership. The partnership aims to bolster Showroomprivé's position among younger consumers and its premium offerings. Since the acquisition, The Bradery has continued its impressive growth trajectory, reporting significant revenue increases. Looking forward, the company plans to broaden its scope beyond fashion into a more comprehensive lifestyle concept.
Keywords: private sales, flash sales, e-commerce, fashion, premium brands, overstock solutions, millennial consumers, online retail, brand partnerships, apparel, accessories, responsible fashion, European market, social commerce, digital retail, lifestyle brands, member-only sales, fashion-tech, inventory management, direct-to-consumer