Vente-Privee.com, the European online retailer that runs a U.S. site with American Express Co., said the proliferation of fashion outlets across America is challenging the company’s growth.

Vente-Privee, which plies discounted high-end fashion, wine and Iggy Pop albums to its 17 million European members, began operating in the U.S. a year ago and is finding it difficult competing with discounted brands at outlets as well as the immediacy in which Americans expect delivery.

Limited Time Offer

Save over $700 on your subscription. Special offer expires April 30, 2017.

14-Day Free Trial

Authoritative analysis and perspective for every segment of the industry