- Burda raises stake to 64 percent
- Christian Graggaber appointed Managing Director Showroom Germany
- Showroom space in Berlin opened
MUNICH, 05-Oct-2016 — /EuropaWire/ — Showroom is the leading marketplace for independent designer fashion in Poland (www.showroom.pl). Since the start of the German platform (www.showroom.de) in 2015, the brand has rapidly grown in the market. To further support this path, Burda has raised its stake to 64 percent, while the founders Michal Juda and Jasiek Stasz hold a combined 36 percent of the companies’ shares.
“We see great potential in independent fashion in Europe and in particular in Showroom and are excited to have the opportunity to invest in a strong team and business model. To further support the management’s strategy of growth and expansion into additional countries, Burda has paid in this year’s entire investment round”, says Christian Teichmann, Managing Director of BurdaPrincipal Investments.
“Burda with its long-term investment focus has been an important and reliable partner for us as founders and executing our growth strategy and we look forward to making the next expansion phase happening, says Jasiek Stasz, founder of Showroom.
On 1.8.2016 Christian Graggaber has taken over the leadership of the Berlin-based German Showroomteam. Graggaber has worked as chief digital officer (CDO) for Burda Russia since 2013. He will strengthen the German team and work on the ramp up of Showroom Germany. In order to boost the presence of the brand, Showroom has opened a showroom space in Linienstraße 77, in the heart of the Berlin fashion scene.
Showroom is the leading marketplace for independent designer fashion and keeps attracting customers, offering unique clothing, accessories and jewelry, as well as new designers for whom it’s an easy way to enter the professional market and scale their business. The brand has established itself as an important sales channel for independent fashion designers and increases their turnover significantly and sustainably. Today, over 500 carefully selected designers with 25.000 products are selling via the platform. Building on the start of the German platform, Showroom plans to expand into further markets and will launch an English-language website in 2017.
For further queries please contact
Senior PR Manager
Hubert Burda Media
Tel.: +49 (89) 9250-3509
SOURCE: Hubert Burda Media