Online apparel retailer YOOX Group reported $46.9 million in Q1 web sales.
Online apparel retailer YOOX Group reported strong sales in its preliminary financial report for the first fiscal quarter of 2010.
For the first quarter ended March 31, Bologna, Italy-based YOOX, No. 93 in the Internet Retailer Top 500 Guide, reported the following preliminary results (in U.S. dollars):
Online retail sales were from Yoox.com and TheCorner.com, the company’s apparel and accessories web sites. YOOX also owns the YOOX Services unit that provide retailers and manufacturers with technology such as e-commerce platform management and support, order and content management, merchandising, marketing, and fulfillment.