Black Friday successfully executed

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A strong stock composition supported by a high number of campaign buys were key to a successful Black Friday weekend on both revenue and margin. The expectations were met or exceeded in all areas of the business. 

Well through a successful Black Friday weekend I am proud to be part of this team. In these hectic days the commitment, agility and cooperation were as strong as ever before. Each team member played their role in the execution of our high ambitions in this Super Bowl of retail”, says CEO at Boozt, Hermann Haraldsson.

Most Black Friday orders were shipped by Saturday, while all Black Friday orders were out during Sunday.

“I am especially pleased to see the strong performance of our fulfilment centre, where our newly developed robot management system performed flawless and allowed for a 30% increased productivity compared to last year. It bodes well for future productivity gains in the fulfilment operations”, says Hermann Haraldsson.

The outlook for 2019, as stated in the announcement on 14 November 2019, is unchanged.

For additional information, please contact:

Hermann Haraldsson / Group CEO / Phone: +45 20 94 03 95 / Email: heha@boozt.com

Anders Enevoldsen / Head of IR & Corporate Comm. / Phone: +45 53 50 14 53 / Email: anen@boozt.com

 

The information was submitted for publication, through the agency of the contact person set out above, at 8:00 CET on 2 December 2019.



Boozt is a leading, fast-growing and profitable Nordic technology company selling fashion online. The Group generated net sales amounting to SEK 2.8 billion in 2018. Boozt offers its customers a curated and contemporary selection of fashion brands, relevant to a variety of lifestyles, mainly through its multi-brand webstore Boozt.com. The company is focused on using cutting-edge, in-house developed technology to curate the best possible customer experience. Besides Boozt.com, the company also runs the webstore Booztlet.com and retail stores Booztlet and Beauty by Boozt in Denmark. For more information, please visit booztfashion.com.

 

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