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Quite a quarter for Yoox Net-A-Porter


It was a successful quarter for Yoox Net-A-Porter Group as the company not only boasted rising revenues, but renewed deals that will take it into the next decade.

The quarter ending 31 March 2016 saw a 14.5% increase in revenue at constant exchange rates, reaching €446.2m compared with pro-forma net revenues of €392m in the same period last year.

North America remained the biggest market for the luxury e-tailer, generating €133m in the quarter, compared to €120.9 in Europe, excluding Italy and the UK.

Yoox Net-A-Porter also proudly announced the renewal of its global partnership with Armani for another 10 years. The website is “powered by Yoox Net-A-Porter Group”, and under the terms of the renewal collaboration between the companies will extend to A|X Armani Exchange, which currently operates in Canada and the United States. Partnerships were also formed with other leading global brands, including PRADA and Tiffany & Co.

During the period the average number of unique monthly website visitors grew 5.4% year on year to reach 29.6m. the number of active customers also increased to 2.5m, compared to 2.2m in the first quarter of 2015, and over 2m orders were processed.

Published on Thursday 12 May by Philip Gallagher

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