Showroomprivé: Sylvie Chan-Diaz, strategy and development director, joins the executive committee

By

Matthieu Guinebault

Translated by
Cassidy STEPHENS

Published
Feb 28, 2023

Alone at the helm of the company since January 2022, CEO David Dayan continues to build his management team for Showroomprivé. Sylvie Chan-Diaz has joined the executive committee as strategy and corporate development director.

Sylvie Chan-Diaz joined the company in September 2020 after four years as head of mergers and acquisitions at Louvre Hotels Group. A graduate of Paris Dauphine and Bayes Business School, she has previously worked in London and Paris for investment banks Lazard and Goldman Sachs.

"For the past two years, Sylvie's expertise has played a key role in the performance and development of our group, as illustrated by her leadership in the acquisition of The Bradery," said CEO David Dayan, praising her exemplary career. "Her appointment also expresses our reinforced desire to place shareholder relations, whether institutional or individual, at the heart of our strategy. It also reinforces our executive committee as a true 'management team', supported by a new generation and the talents that will be essential to Showroomprivé's future."

In December, the listed group's executive committee welcomed François de Castelnau, the group's deputy CEO and finance director, to fill the seat left vacant by Thierry Petit, the former co-CEO, until the general meeting next June. Two deputy general managers and a deputy commercial director were also appointed in September.

In October, the company announced its entry into the end-of-life market. Called "Second Show", the offer relies on Rediv (ex-Patatam) which will take back, sort and resell textile products, while customers will receive vouchers to spend on Showroomprivé.

Showroomprivé will publish the results of its 2022 financial year on March 8. Turnover fell by 13.9% in the first nine months of the year to €450.1 million, a figure that was still 5.4% higher than in the same period in 2019. The 2021 financial year had been marked by a return to profitability, with profits reaching EUR 27.3 million on EUR 723.8 million in turnover (+3.8%).