February 11, 2013

The biggest Italian online luxury retailer, defying the crisis

Italian fashion and design retailer YOOX has recently made public the news of a 29% revenue increase in 2012, the total figure rounding up at EUR 376 billion.

Its main market, the Unites States, has brought in a remarkable sales hike of 36%, while Europe, in its turn, had a 27.3% boost. Furthermore, the local Italian market has seen, despite the crisis and due to holidays spending, an upward trend of 12%, during the year’s last quarter.

Beyond numbers, YOOX founder Federico Marchetti, is eager to underline the relevance of the past year’s performance and developments, with a particular emphasis on the strategic consolidation of the multi-brand business, yoox.com, as well as the consistent growth of the mono-brand retail dimension.

YOOX

The group, founded in 2000, is, since 2006, also creating and managing a strong portfolio of online stores for a wealth of the world’s biggest fashion houses. marni.com, emporioarmani.com, valentino.com, emiliopucci.com, moschino.com, robertocavalli.com, giuseppezanottidesign.com, albertaferretti.com, dolcegabbana.com, but also non Italian maisonmartinmargiela.com or alexanderwang.com are, all, “Powered by YOOX Group”.

 

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Photo source: YOOX