Yoox Net-a-Porter grows but still failed to live up to expectations | RetailDetail

Yoox Net-a-Porter grows but still failed to live up to expectations

Yoox Net-a-Porter grows but still failed to live up to expectations

Online retailer Yoox Net-a-Porter’s third quarter like-for-like turnover grew 17.7 % to 481.8 million euro, which is not entirely what analysts had expected. Its growth slowed down in the United States and China in particular.

Growth in every market

Yoox Net-a-Porter splits its revenue in three divisions: "Multi-brand In-Season" (with web shops like Net-a-Porter and Mr Porter) had a 16.8 % like-for-like turnover growth to 235.9 million euro, "Multi-brand Off-Season" (which includes Yoox) shot up 17.4 % to 203.6 million euro and the “online flagship stores” (which includes Valentino and Chloé) grew 4.8 % to 42.3 million euro.


There was growth in every market and the United Kingdom posted the largest growth numbers (+ 20.1 % to 63.8 million euro). European like-for-like turnover (excluding the United Kingdom and Italy) grew 17.5 % to 134.7 million euro.


Despite the strong growth, analysts were not happy about Yoox Net-a-Porter’s results, because they had expected slightly more turnover on the back of improved growth in North America and Asia. The year before, growth was 18 and 37 % respectively, but the online fashion seller had to settle for 10 and 14 % respectively.

Questions or comments? Please feel free to contact the editors

Gerelateerde items

Record results for Henkel


German Henkel experienced a strong 2017, with record numbers for both its profit and turnover. The company managed to surpass the 20 billion euro turnover milestone for the first time.

Merger paid off for Fnac Darty


French entertainment and electronics retailer Fnac Darty, the group which owns Belgian Vanden Borre and Dutch BCC, experienced a “solid 2017”, with a nearly 40 % turnover increase.

Are Chinese prisoners working for H&M and C&A?


British former journalist Peter Humphrey has accused C&A and H&M of using forced labour. He claims to have seen how Shanghai prisoners were forced to work for Western chains, something the retailers will now investigate.

Chanel acquires stake in online retailer Farfetch


French fashion label Chanel obtained a minority stake in British Farfetch. It wants to use the online retailer’s expertise to create more digital innovations for its own customers.

Monoprix wants to acquire web shop Sarenza


Store chain Monoprix, part of French Groupe Casino, entered negotiations to acquire online shoe seller Sarenza, one of France’s prime online brands.

Kraft Heinz does not meet expectations


American Kraft Heinz failed to live up to analysts’ fourth quarter expectations, both when it comes to turnover and profit. It did manage a 900 % increase of its profit, but that did not convince any analyst.

Back to top