Interim sales at Yoox Net A Porter have exceeded €1 billion for the first time after a strong performance in its key markets in North America and the Asia-Pacific region.
The luxury online retailer said its results were “outstanding” and a result of organic growth of more than 20 per cent in the second quarter.
Federico Marchetti, chief executive of Yoox Net A Porter, said its websites had recorded nearly 400 million visits and 4.5 million orders with an average order value of €345, all up significantly on last year, as he announced a multi-year global agreement with Ferrari to design and manage its e-commerce site.
Mr Marchetti said that its half-year earnings were up 28 per cent at €98 million.