REDBUBBLE EXPANDS INTO EUROPE

REDBUBBLE EXPANDS INTO EUROPE

CREATIVE online marketplace Redbubble (ASX: RBL) will open its first European office in Berlin.

The ASX-listed Melbourne company is expanding to Europe, and also launching localised platforms in German, French and Spanish.

Europe is currently the fastest growing region for the marketplace which is powered by more than 400,000 independent artists.

Redbubble has hired Sandra Yonter to lead new market development in Europe and keep up the pace.

The company's office in Berlin will provide support to independent artists and customers, drive regional marketing, and manage the coordination of local fulfilment partners.

"Building Redbubble's European presence is a strategic priority, and we are making excellent progress. Sandra Yonter understands European markets well, and she is building a great European team in Berlin to drive further growth," says Redbubble chief operating officer Barry Newstead.

"The localised sites and investment in Europe-based fulfilment to speed up shipping are key steps in our efforts to provide a localised marketplace."

Redbubble listed on the ASX on Monday 16 May 2016, after raising $30 million through an IPO and an additional $9.8 million from the sales of previously-owned shares.

Redbubble debuted on the ASX at $1.50. The company's shares are today being traded at around $1.10.

Pictured: Redbubble CEO and co-founder Martin Hosking. 

Read more about Redbubble:

 

Help us deliver quality journalism to you.
As a free and independent news site providing daily updates
during a period of unprecedented challenges for businesses everywhere
we call on your support

Crypto staking: a new way to earn passive income
Partner Content
You may be familiar with traditional ways of earning passive income such as trading sto...
Etoro
Advertisement

Related Stories

Qantas acquires Byron Bay-based travel agency TripADeal

Qantas acquires Byron Bay-based travel agency TripADeal

Australia's flagship airline Qantas (ASX: QAN) has taken a majo...

Incitec Pivot to split explosives, fertilisers businesses after record profits

Incitec Pivot to split explosives, fertilisers businesses after record profits

Following a record performance for the first half, Incitec Pivot (A...

John McGrath calls for calm as real estate company forecasts rise in earnings for FY22

John McGrath calls for calm as real estate company forecasts rise in earnings for FY22

Despite recent trading conditions proving disruptive for the reside...

Board exodus gathers pace at The Star after O’Neill resigns as chairman

Board exodus gathers pace at The Star after O’Neill resigns as chairman

The Star Entertainment Group (ASX: SGR) is now on the hunt for a ne...