YNAP Net Income Increased By 15.4% Over The Same Period Last Year.

According to the world clothing shoes and hats net, in May 3rd, the world's largest

Electricity supplier YOOX NET-A-PORTER released its first quarter of fiscal year 2017 (ending March 31st).

There's a lot of good news.

First, in the first quarter,

Net income was 515 million euros, an increase of 15.4% compared with the net income of 446 million euros in the same period in 2016.

In addition, the net income of YNAP group's 3 businesses is rising.

Net-a-Porter and Mr Porter are responsible for the sale of seasonal products. The net income is 267 million euros, up 12.2% compared with the same period in 2016.

The net income of Yoox and The Outnet, which is responsible for the discount business, is 192 million euros, up 18.5% compared with the same period in 2016.

The group is responsible for luxury.

The business of Giorgio Armani and Lanvin built and operated the official e-commerce platform rose the most, with net income of 56 million euros, up 20.6% compared with the same period in 2016.

The financial report also summed up the specific things that can be achieved in every business sector.

Net-a-Porter and Mr Porter more luxury brands launched capsule series, such as Net-a-Porter and Ala a launched a series of ready to wear capsules, Mr Porter and Stella McCartney launched the brand's first men's wear capsules series.

In May 2017, Mr Porter will launch capsule series with GUCCI.

In early 2017, Net-a-Porter continued to cooperate with Tiffany, Buccellati, Piaget and other hard luxury goods.

Another landmark thing is that NET-A-PORTER and MR PORTER began working separately with Cartier and Montblanc.

In particular, Cartier launched the NET-A-PORTER Panth watch series on NET-A-PORTER. In May, the first smart watch of Montblanc will also be released in MR PORTER.

Earnings report wrote.

The financial report also mentioned that we expect to see the performance results of delivering the goods to home service for "very important customers" in September.

Yoox and The Outnet, which are responsible for the discount business, also have new moves.

For example, The Outnet has launched a boutique called The Activewear Boutique.

In addition, Yoox has entered 4 markets in Italy, Britain, Germany and Belgium.

As for the business part of luxury electric business.

Prior to YNAP Armani's Deputy brand A|X Armani Exchange has only done business in North America, expanding into the UK market this quarter, and then expanding to other European markets.

In addition, YNAP has launched a service called NEXT ERA, which will increase the speed of freight and make the brand more pparent to stock information.

NEXT ERA will be launched in VALENTINO in early 2018.

However, although the net income of the flagship store of the luxury electric business has increased the most, the Net-a-Porter responsible for selling the single products of the season is still the most important business of the group, which accounts for 51.8% of the total net income of the group, and the operation and management business of the flagship store only accounts for 10.9% of the total net income of the group.

At present, the largest market for YNAP is North America, with net income of 161 million euros, accounting for 31.3% of its total revenue. Secondly, the European market (excluding Britain and Italy) has net income of 135 million euros, accounting for 26.1% of its total revenue.

Although the Asia Pacific market has a net income of only 91 million 100 thousand euros, accounting for only 17.7% of its total revenue, the fastest growth market has a net income of 31.5% compared with the same period in 2016.

In addition, Britain and Italy are very important to YNAP. They are the only two markets that show their revenues singled out by the state.

Britain has net income of 66 million 700 thousand euros, and Italy has 31 million 300 thousand euros.

There are also some pretty good numbers.

In the first quarter of fiscal year 2017, YNAP traffic reached 200 million, compared with 178 million in the same period in 2016.

The number of active users was 3 million, compared with 2 million 500 thousand in the same period in 2016.

These visits were converted to 2 million 200 thousand orders, and orders were 2 million in the same period in 2016.

The average order value is 343 euros, which was 324 euros in the same period of 2016.

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