Yoox Group news and archive

Alison Loehnis named group president of Net-a-Porter

At 12 a.m. on Monday, the newly minted Yoox Net-a-Porter Group began trading on Milan's stock exchange, and Alison Loehnis, president of Net-a-Porter, is now group president of Net-a-Porter Group. She will report to Frederico Marchetti, CEO of the new group. While the role doesn't seem like that big of a change from Loehnis's previous role, she...

Business

Yoox shareholders approve Net-a-Porter merger

Shareholders in the Yoox Group have given the go-ahead to the proposed merger with the Net-a-Porter Group, which was announced back in March but was pending the shareholders vote. Yoox shareholders approved the appointment of Net-a-Porter’s founders and existing chairman, Natalie Massenet, to the board of directors, as well as to the role of...

People

Yoox appoints new CIO

New York - Yoox Group, which will be closing its merger with Net-a-Porter in September, has appointed Alex Alexander as their Chief Information Officer. Alexander joined the company a month ago, and will now be responsible for all of Yoox's technology related functions in the newly created role. Alexander, who holds a degree in statistics from...

Business|REPORT

Yoox Group Q1 net revenues up 16.4 percent

In the first quarter of 2015, the Yoox Group recorded a monthly average of 18.8 million unique visitors, up 26.7 percent compared with the first quarter of 2014, which translated into 984 thousand orders, increasing by 16.9 percent with an AOV excluding VAT of 198 euros (223 dollars). The number of active customers also increased to 1.3 million...

Business

Yoox Group hits record breaking sales on Thanksgiving and Black Friday

Yoox Group reported two consecutive daily sales records on Thanksgiving and Black Friday, with the latter breaking the group's 'all-time daily record' for sales. The group's multi-brand digital stores include Yoox.com, shoescribe.com and thecorner.com, as well as a number of mono-brand online stores that are managed by the group, ranging from...

Business

Yoox Group revenues rise considerably at the end of nine months

REPORT_ Yoox Group in the first nine months of 2014 recorded a monthly average of 14.1 million unique visitors, which translated to 2.4 million orders, an increase of 22 percent from 2.0 million in the same period of the previous year. In the third quarter of 2014, the Group’s consolidated net revenues reached 128.3 million euros (160.1 million...

Design

Yoox Group H1 revenues soar 14.7 percent

REPORT_ In the first half of 2014, Yoox Group posted consolidated net revenues, net of returns and customer discounts, of 238 million euros (318.8 milliondollars), up 14.7 percent or over 18.7 percent at constant exchange rates. A positive performance was also achieved in the second quarter of the year, with net revenues moving up by 14.9...

Fashion

Yoox Group net revenues rise 21.2 percent in 2013

REPORT_ In 2013, the company posted consolidated net revenues, net of returns and customer discounts, of 455.6 million euros (625.4 million dollars), up 21.2 percent. A positive performance was achieved in the fourth quarter of the year, which showed a marked acceleration on the first nine months of 2013, with net revenues up 24.1 percent or...

Design

Yoox Group preliminary revenues up 21.2 percent in 2013

REPORT_ Announcing its preliminary financial results for the year 2013, Yoox said that it closed 2013 with net revenues of 456 million euros (616.3 million dollars), up 21.2 percent compared with 2012. Strong acceleration in net revenue growth in the fourth quarter of 2013, stood at over 28.4 percent at constant exchange rates against the first...

Design

Yoox Group Q3 revenues up 20 percent

REPORT_ The Board of Directors of Yoox examined and approved the consolidated interim financial statements for the nine months ended 30 September 2013. In the first nine months of 2013, Yoox Group posted consolidated net revenues, net of returns and customer discounts, of 319.3 million euros (431.9 million dollars), up 20.0 percent (23.7 percent...

Design

Yoox Group responds to speculation concerning merger with Net-a-Porter

Italian newspaper Il Sole 24 Ore, previously reported that Yoox Group and Compagnie Financière Richemont have been scheduling meetings to look into the prospect of merging Yoox.com with Net-a-Porter. In response to this report, Yoox Group issued a press statement in which they denied all rumors circulating that they have been in negotiations...

Design

Yoox H1 net revenue up 20 percent

REPORT_ For the first half of 2013 Yoox net revenues were up 20 percent compared to the first half of 2012. EBITDA was up 41.6 percent compared to the first half of 2012. Net income was up 1.7 percent compared to the first six months of 2012. Growth rate accelerated in the group’s two most important markets: the second quarter of 2013 saw net...