Aug 05, 2013
1406
By Andrew Roberts
Yoox Group (YOOX), operator of e-commerce stores for brands from Armani to Zegna, repeated its guidance of revenue and earnings growth in 2013 after quarterly sales rose 18 percent, buoyed by demand in Italy and North America.
Second-quarter revenue grew to 97 million euros ($128.8 million) from 81.9 million euros a year earlier, Bologna, Italy-based Yoox said today in a statement after European markets closed. Sales grew 19 percent in Italy and 31 percent in North America, its biggest market. Net income, excluding incentive plan costs, climbed 19 percent to 1.8 million euros.
Source: http://www.bloomberg.com
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