Yoox-Net-A-Porter revenues climb in third quarter

Sales in the UK were up 13.2% to €63.8 million while sales in Italy rose by 7.1% to €34.1 million.

Meanwhile, sales in the rest of Europe, the North Americas and APAC climbed by 27.9%, 28.8% and 17.1% respectively,

The results mean that revenue in the nine months to 30 September was up 18.6% to €1.5 billion.

Federico Marchetti, chief executive of Yoox Net-A-Porter, said revenues remained strong in the third quarter. He added: “This solid organic growth was nicely balanced across our in-season, off-season and online flagship stores business lines.”

Marchetti said he was particularly excited about the recent launch of Mr Porter’s own label Mr P.

He explained: “Driven by seven years of customer insights and data, together with the impressive know-how of our buyers and editors, the Mr P. collection is built around a range of essentials. The label draws its strength from our unmatchable vantage point into the male wardrobe.”

You need to be logged in to use this feature.

Please log in here

RETAIL EVENTS