Trading Statement for the first quarter to 31 March 2017

ORGANIC NET REVENUE GROWTH OF 19.1% DRIVEN BY STRONG IN-SEASON PERFORMANCE

  • First-quarter net revenues of Euro 515 million, up 19.1% on an organic1 basis (+15.4% reported) compared with net revenues of Euro 446 million in the first quarter of 2016
    • Strong organic performance across all business lines: Multi-brand In-Season net revenues accelerating to 20.0%, Multi-brand Off-Season net revenues up 16.2%, Gross Merchandise Value of Online Flagship Stores (GMV2) up 28.0%
    • Positive growth in all key markets, with North America and Asia Pacific the fastest growing regions and Italy back to double-digit growth
  • Key Performance Indicators:
    • 200 million visits, compared with 178 million in the first quarter of 2016
    • 2.2 million orders, compared with 2.0 million in the first quarter of 2016
    • Euro 343 AOV (Average Order Value), compared with Euro 324 in the first quarter of 2016
    • 3.0 million active customers, compared with 2.5 million in the first quarter of 2016
  • YNAP and VALENTINO partnered to unveil a new omni-channel business model – NEXT ERA

 

Milan, 3 May 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 quarter ended 31 March 2017, compared to the financials related to the same period of the previous year.