SRP Groupe SA Reports 12% Revenue Decline for First Nine Months of 2025
SRP Groupe SA reported a 10.3% decline in gross merchandise value (GMV) to €630.5 million for the first nine months of 2025, compared to €702.5 million in the same period of 2024. Revenue decreased by 12% over the first nine months of 2025. In the third quarter of 2025, GMV declined by 6.6% to €190.8 million from €204.2 million in the third quarter of 2024, while revenue fell by 9%. The marketplace segment recorded a 43% increase in GMV. By division, GMV in Fashion dropped by 18.2%, Home by 15.9%, and Beauty by 14.9% during the third quarter. The company plans to migrate Showroomprive.com to Shopify in 2026.
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