- CEO
- Andreas Hoerning
- Full Time Employees
- 1,240
- Sector
- Consumer Cyclical
- Industry
- Furnishings, Fixtures & Appliances
- Address
- Moosacher Strasse 88 Munich Germany 80809
- IPO Date
- Mar 1, 2021
- Business
- Westwing Group SE Westwing Group SE operates as Europe's leading premium e-commerce platform for home and living products, offering a curated assortment of furniture, textiles, rugs, home accessories, decorations, kitchen and dining items, lighting, and upholstery through its integrated channels including daily retail campaigns, a permanent online shop, club sales, physical retail stores, and B2B services; the company provides its own private label Westwing Collection, which accounts for over 55% of gross merchandise value, alongside products from more than 500 third-party designer brands and manufacturers such as Meissen, GUBI, and DEDAR Milano. Founded in 2011 and headquartered in Munich, Germany, Westwing Group SE serves design-conscious consumers and business customers across approximately 22 European countries, including core DACH markets (Germany, Austria, Switzerland) and international operations in France, Italy, Spain, Poland, the Netherlands, Belgium, the Czech Republic, Slovakia, Portugal, Sweden, Croatia, Luxembourg, Denmark, Finland, Slovenia, Hungary, Norway, Greece, Romania, and others through its two main segments: DACH and International. The company complements its offerings with personalized interior design consultations via Westwing Studio and Westwing Design Service, professional B2B project planning for offices, hotels, restaurants, and retail spaces, fast delivery options including assembly, and inspirational content such as shoppable home stories produced in-house. In recent developments, Westwing Group SE aggressively expands its geographic footprint with market entries into Romania, Greece, Hungary, Norway, Finland, Slovenia, Croatia, Sweden, Denmark, Luxembourg, and Portugal within the past 1-2 years, while opening new physical stores in Munich, Berlin, Cologne, Leipzig, and store-in-store locations at premium retailers like Breuninger, Illums Bolighus, and Printemps Haussmann in Paris; it launches exclusive brand partnerships and collaborations, including with WeberHaus, stilwerk Hotels, ASSMANN HOME, Crosby Studios, and Meissen for porcelain collections, alongside new product lines like the sustainable Danilo furniture series crafted from recycled materials and the Keani Lamp. The company advances its sustainability initiatives through its first CSRD-aligned Sustainability Statement, Climate Transition Plan, and third annual Sustainability Report, extends CEO Dr. Andreas Hoerning's term of office, appoints Lydia Kind as Chief Marketing Officer, executes a public share buyback acquiring 1.2 million treasury shares, and reports improved profitability with an 8% adjusted EBITDA margin in Q1 2025 and guidance for 6-8% margins in 2025 following 2024 revenue of EUR 444 million.