Skip to main content
BoF Logo

The Business of Fashion

Agenda-setting intelligence, analysis and advice for the global fashion community.

Yoox Net-A-Porter Profit up 26 Percent in 2015

Yoox Net-A-Porter posted a 26 percent increase in 2015 adjusted core profit as sales rose strongly driven by the recently merged group's more exclusive websites.
Miranda Kerr on the cover of Net-a-Porter's The Edit 2016 | Source: Net-a-Porter
By
  • Reuters

LONDON, United Kingdom — Online fashion retailer Yoox Net-A-Porter posted a 26 percent increase in 2015 adjusted core profit as sales rose strongly driven by the recently merged group's more exclusive websites.

Italy's Yoox merged at the start of October with upmarket rival Net-a-Porter in an all-share deal that created a leader in the fast-growing online luxury market, handing a 50 percent stake to Swiss luxury group Richemont.

YNAP said adjusted earnings before interest, tax, depreciation and amortisation totalled 133.1 million euros last year, broadly in line with an average estimate of 132.6 million euros in a Reuters poll of analysts.

The figures are adjusted to exclude costs related to stock option plans.

ADVERTISEMENT

YNAP beat expectations last month reporting a 31 percent increase in 2015 pro-forma revenues to 1.7 billion euros as consumers across regions shopped more on mobile devices.

By Valentina Za; editor: Silvia Aloisi.

In This Article

© 2024 The Business of Fashion. All rights reserved. For more information read our Terms & Conditions

More from Financial Markets
A financial lens on the fast-changing fashion sector, including markets, investors and deals.

The Best of BoF 2023: Diversity’s Litmus Test

In 2020, like many companies, the $50 billion yoga apparel brand created a new department to improve internal diversity and inclusion, and to create a more equitable playing field for minorities. In interviews with BoF, 14 current and former employees said things only got worse.


The Year Ahead: The Future of Fashion Deal-Making

For fashion’s private market investors, deal-making may provide less-than-ideal returns and raise questions about the long-term value creation opportunities across parts of the fashion industry, reports The State of Fashion 2024.


The Investment Giant Behind Some of Fashion’s Biggest Deals

L Catterton, the private-equity firm with close ties to LVMH and Bernard Arnault that’s preparing to take Birkenstock public, has become an investment giant in the consumer-goods space, with stakes in companies selling everything from fashion to pet food to tacos.


view more

Subscribe to the BoF Daily Digest

The essential daily round-up of fashion news, analysis, and breaking news alerts.

The Business of Fashion

Agenda-setting intelligence, analysis and advice for the global fashion community.
CONNECT WITH US ON
BoF Professional - How to Turn Data Into Meaningful Customer Connections
© 2024 The Business of Fashion. All rights reserved. For more information read our Terms & Conditions, Privacy Policy, Cookie Policy and Accessibility Statement.
BoF Professional - How to Turn Data Into Meaningful Customer Connections