Online luxury retailer Yoox-Net-a-Porter managed a 16 % turnover increase in the first half of the year, while profit grew 15 % compared to last year.
Growing customer base
The merger group’s total turnover reached 897 million euro in the first half of 2016, up 15.8 % compared to last year. Second quarter turnover was 450.8 million euro, up 17 %.
In the same time frame, its adjusted net profit grew 15.2 % to 37 million euro. Yoox-Net-a-Porter currently welcomes 28 million unique visitors every month, a huge step forward from the 26.15 million from last year. The group currently has 2.6 million active customers, another increase compared to last year (up 300.000).
It registered 600,000 more orders compared to last year, up to 3.9 million now. However, the average spend per order dropped slightly, from 354 to 335 euro.
All of the current numbers are compared to pro forma numbers from last year, as there was no merger company back then, only Yoox and Net-a-Porter.