The Spanish e-tailer Tradeinn, as Diffusion Sport reports, rounded out its full year 2023 with revenues of about €500 million, a milestone in its history and a meeting of its projection from June.
The total represents an increase of 15.2 percent from the €434 million for the full-year 2022 and comes in spite of a 5 percent decline in sales outside of Europe, itself caused by a 40 percent increase in transport costs. “In the European market,” however, as CEO and founder David Martin explained to Diffusion Sport, “we’ve been able to keep up with our forecast figures” – despite those complications in transport.
Tradeinn will be expanding its headquarters, in Celrà, Girona province, from 35,000 to 50,000 square meters, with full function slated for sometime next year. It will also be moving its German warehouse, operated in tandem with a partner, to an as yet undisclosed or undetermined location – one that will provide 6,000 sqm of space. The current site is in Pulheim.