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Luxury e-tailer YOOX posts 21,1 percent sales increase in Q1

Leading Italian luxury online retailer YOOX which also operates in China and has exclusive online distribution for several major Italian luxury brands such as Zegna, Armani, Emilio Pucci etc, reports an impressive 21,1% growth in sales in Q1, reaching 110,4 million euros. The 2012 joint venture to manage the online stores of the Kering Group (PPR) brands is given by the company CEO as an important growth factor. By the end of this year, Yoox plans to expand its portfolio of third party management of online stores for more luxury apparel,  accessories and home collection brands.

Yoox Emilio Pucci

 

 

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