E-commerce evolution: YNAP (+ 19.1% in the quarter) thinks of a private label, Zalando ponders for brick-and-mortar

Yoox Net-A-Porter’s first quarter 2017 closed with revenues of 515 million euros, up 19.1% at constant exchange rates and perimeters over the same period a year ago. The e-tailer led by Italian Federico Marchetti performs well in all markets: North America (+ 17.6%), Europe (+ 11.2%) and Asia (+ 31.5%). YNAP claims the validity of its positioning strategies and the establishment of synergies with brands by renewing the intention to reach the market by 2018 by a private label. “We are a retailer,” Marchetti said. “It will be a capsule collection; it will not be a collection.” Meanwhile, Zalando, expecting a drop in profitability after the record numbers of 2016 (revenues of 3.6 billion euros, + 23%), could be extended to a physical store given the next quarter (will be published May 9). “We are very interested in connecting the two worlds,” co-founder David Schneider told Corriere Della Sera. “Especially in the future, online and offline will have more and more in common concepts. We started integrating offline; a first pilot project was Integrated Commerce with Adidas in Berlin. We managed to make a delivery in 25 minutes. The interest is, therefore, to use existing stores to trigger collaborations.”

PREMIUM CONTENT

Choose one of our subscription plans

Do you want to receive our newsletter?
Subscribe now
×