Trading Statement for the first nine months to 30 September 2017

SOLID ORGANIC GROWTH IN THE THIRD QUARTER

LAUNCH OF MR PORTER OWN LABEL

3Q 2017

  • Third-quarter net revenues of Euro 481.8 million, up 17.7% on an organic1 basis (+10.7% reported) compared with Euro 435.4 million in the third quarter of 2016
    • Balanced organic performance across all three business lines: Multi-brand In-Season net revenues up 16.8%; Multi-brand Off-Season net revenues up 17.4%, Gross Merchandise Value of Online Flagship Stores (GMV2) up 24.8%
    • Positive growth in all key markets, with marked acceleration in the UK and Rest of Europe

9M 2017

  • Nine-month net revenues of Euro 1.5 billion, up 18.6% on an organic basis (+13.8% reported) compared with Euro 1.3 billion in the first nine months of 2016
  • Key Performance Indicators:
    • 586.5 million visits, compared with 510.1 million in the first nine months of 2016
    • 6.8 million orders, compared with 5.9 million in the first nine months of 2016
    • Euro 330 AOV (Average Order Value), compared with Euro 331 in the first nine months of 2016, reflecting unfavourable exchange rate movements
    • 3.1 million active customers, compared with 2.8 million in the first nine months of 2016

  • Debut of Mr P., MR PORTER own label
  • Start of trading of JV with Alabbar in the Middle East: launch of YOOX with on-the-ground operations, ahead of schedule
  • Completion of omni-stock programme for Off-Season, with launch of THE OUTNET on the new platform
  • Updated FY 2017 outlook

 

 

Milan, 8 November 2017 – The Board of Directors of YOOX NET-A-PORTER GROUP S.p.A. (MTA: YNAP), the world’s leading online luxury fashion retailer, has today examined the consolidated net revenues and the key performance indicators for the first nine months ended 30 September 2017, compared with the financials related to the same period of the previous year.