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Yoox H1 net revenue up 20 percent

By FashionUnited

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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 revenues rise by 18.5 percent in Italy and 30.8 percent in the US.

For the second quarter of 2013, the group’s consolidated net revenues were up 18.4 percent compared to the second quarter of 2012. Margin rose to 18.4 percent from 14.1 percent in the same period of 2012. Consolidated net income was up 22.4 percent compared to the second quarter of 2012. Net income for the second quarter of 2013 showed an increase of 19.1 percent compared to the same period in 2012.

Yoox is based in Italy. “In the first half of 2013, Yoox reached over a million active customers,” said Federico Marchetti, Founder and Chief Executive Officer of the Yoox Group. “We are very pleased with our performance in Italy, which was extremely good for the third consecutive quarter, and also with the exceptional results we delivered in the United States.”

Yoox
Yoox Group