Leading Italian luxury e-tailer YOOX reports 29 percent increase in turnover
Leading Italian e-tailer Yoox Group which operates exclusively the online stores of Zegna, Armani, Emilio Pucci, Valentino etc., has reported a 29,1 percent increase in its turnover for 2012 to 375,9 million euros (compared to 2011). Yoox also reported an impressive ebtida growth of 33 percent reaching 32,1 million in 2012, compared to last year. Yoox entered China last year with a Chinese language website and full operations. In 2012, Yoox signed a deal with PPR for most of its brand to manage their online stores.