YOOX Group's first half of 2013 is strong, with North America and Italy driving growth

Aug 8, 2013

On July 31, YOOX Group, headquartered in Bologna, Italy, announced its interim consolidated financial results for the fiscal year ending June 30, 2013. Group sales totaled 207.4 million euros (approximately 26.4 billion yen), a 20.0% increase year-on-year (calculated at constant exchange rates). Net profit rose 1.7% to 2.2 million euros (approximately 280 million yen). By region, North America and Italy drove growth this quarter, increasing 23.3% and 14.6%, respectively. Sales via smartphones and tablets contributed particularly to Italy's growth. While sales in Japan increased 43.5% at constant exchange rates, due to the significant depreciation of the yen, the figure after adjusting for exchange rates was 18.2%.

In addition, the number of active customers across the business increased from 871,000 to 1 million, with an average monthly unique visitor count of 12.5 million and total orders reaching 1.26 million. The average order value was 216 euros.

By business, sales for the operations of online select shops yoox.com and thecorner.com, and shoe-specializing online shop shoescribe.com, increased 23.4% to 148.8 million euros (approximately 19.5 billion yen), accounting for 71.7% of total group sales.

Sales for the operations of online shops for global brands such as Armani, Zegna, and Marni increased 12.1% to 58.7 million euros (approximately 7.7 billion yen).
Marie
  • Yuke's Group Official Website
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