About You Holding SE, the fashion platform based in Europe, has seen its first-quarter revenue go up by a good 19.4 per cent to clock€ 504.1 million.
Buoyed by the good numbers, the firm also reiterated its outlook for FY 2022-2023, amidst the challenging macroeconomic environment and rising inflationary pressure that continue to impact customer behaviour.
Meanwhile, the German fashion platform saw its active customers grow from 9.2 million to 11.8 million at a year-on-year growth of 27.7 percent.
Also, the e-tailer’s average order frequency jumped to 3 (5.4 percent) in the last 12 months, owing majorly to activity in the company’s newer markets.
More on the Q1 performance, Tarek Müller, Co-founder and Co-CEO, About You, averred“Through continued growth in established and new European markets, improved marketing steering and operational efficiency, we remain very confident that we will fulfil our promise of group profitability in FY 2023-2024.
Founded in 2014, About You is active in 24 European countries and focuses primarily on personalisation and influencer marketing.
