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YOOX finds a steady stream of new third-party clients
YOOX Group is finding a steady stream of recognized brand names for its third-party services business. In 2008 and early this year, YOOX Services added eight new clients to bring its total count to 12, says YOOX CEO Federico Marchetti.
YOOX Group, which owns and operates online apparel site YOOX.com, is finding a steady stream of recognized brand names for its third-party services business.
In 2008 and early this year, YOOX Services added eight new clients to bring its total count to 12, says YOOX CEO Federico Marchetti. New customers, which include a mix of European and U.S. retailers and consumer brand manufacturers, now include shoe designer and manufacturer Bally International AG, and online retailers Moschino.com, Emilliopucci.com and MissSixty.com.
“All aspects of the business are growing very well,” says Marchetti. YOOX, No. 110 in the Internet Retailer Top 500 Guide, provides retailers and manufacturers with a variety of third-party services such as e-commerce platform management and support, order management, content management, merchandising, marketing, and fulfillment.
In 2009, YOOX expects to pick up three to six more clients for its third-party business. YOOX Services is generating more third-party business because more designer brands like the fact that YOOX is also an international web retailer with an established e-commerce platform and business base, Marchetti says. “The deals we are signing are for very long-term commitments,” he says.
YOOX posted web sales of $192.1 million in 2008, an increase of 57.6% from web sales of $121.7 million in 2007.