French footwear and apparel e-tailer Spartoo recorded revenues (before tax) of €59.9 million in the six months ended June 30, 2025, representing an 8.2 percent decline from the first half a year earlier. Domestic sales declined 14% while the international business inched up 1.2 percent.
Despite a deteriorated market environment, Spartoo increased its positive EBIT by €1.5 million compared with June 30, 2024, and reduced its net debt to €6.8 million, down by more than 44 percent over the period. The gross margin stood at €23.9 million, representing 40.2 percent of revenues, compared with €26.4 million and 40.5 percent in the period ending June 30, 2024. Adjusted EBITDA was €1.3 million. The consolidated net loss amounted to €0.9 million, compared with €1.2 million in the same period last year.
In the first half to June 30, 2025, Spartoo’s sales in France stood at €48.9 million, down by 13.9 percent, while its international business rose 1.2 percent to €34.5 million. As of June 30, 2025, the average purchasing basket amounted to €91, up 2 percent due to an increase in the average unit selling price of items.
Spartoo sells more than 1.6 million unique references from 9,000 brands across the footwear, apparel, bags and accessories categories in more than 30 countries in Europe. The company has an omnichannel approach focused on affiliation and the development of corners. Spartoo’s physical network in the first half comprised 43 points of sale, including 39 store-in-store corners.
In 2024, Spartoo generated a gross merchandise value (GMV) of €184.7 million, of which nearly 38 percent was generated internationally.
