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Text
WRITING INSTRUMENTS
14 15 Writing Instruments Writing by hand is the purest expression of feelings and individuality. Montblanc is a symbol for the finest writing culture and traditional European craftsmanship.RETURN FORM
You can exercise your right to cancel and return products using the online return form (http://www.yoox.com/ReturnForm). You can also use the following form by RICHEMONT AND ALIBABA GROUP ANNOUNCE THE LAUNCH OF … About YOOX NET-A-PORTER GROUP YOOX NET-A-PORTER GROUP is the world leader in online luxury and fashion with over 3.5 million high-spending active customers in 180 countries.IMPACT REPORT 20 18
About this report Welcome to our 2018 Impact Report. This report covers all YOOX NET-A-PORTER GROUP activities including the YOOX, NET-A-PORTER, MR PORTER and OUTNET websites as well MONTBLANC SAFETY MANUAL SUMMIT SICHERHEITSHANDBUCH GUIDE 5 conditions, skin or body hair conditions, type and intensity of activity performed while using the watch, fit of the watch, and otherend-user
LE PETIT PRINCE
Le Petit Prince ® The Little Prince ® © Antoine de Saint Exupéry Estate. Licensed by LPP612. 323760 | Montblanc | Visual Marketing POS | Drawing-Book ”Le Petit YOOX NET-A-PORTER GROUP È IL LEADER GLOBALE NEL LUXURY YOOX NET-A-PORTER GROUP è il leader globale nel luxury fashion e-commerce. Il Gruppo è un’azienda globale con radici Anglo-italiane, è il risultato della rivoluzionaria fusione, avvenuta nell’ottobre 2015, tra YOOX GROUP e THE NET-A-PORTERWRITING INSTRUMENTS
14 15 Writing Instruments Writing by hand is the purest expression of feelings and individuality. Montblanc is a symbol for the finest writing culture and traditional European craftsmanship.RETURN FORM
You can exercise your right to cancel and return products using the online return form (http://www.yoox.com/ReturnForm). You can also use the following form by RICHEMONT AND ALIBABA GROUP ANNOUNCE THE LAUNCH OF … About YOOX NET-A-PORTER GROUP YOOX NET-A-PORTER GROUP is the world leader in online luxury and fashion with over 3.5 million high-spending active customers in 180 countries.IMPACT REPORT 20 18
About this report Welcome to our 2018 Impact Report. This report covers all YOOX NET-A-PORTER GROUP activities including the YOOX, NET-A-PORTER, MR PORTER and OUTNET websites as well MONTBLANC SAFETY MANUAL SUMMIT SICHERHEITSHANDBUCH GUIDE 5 conditions, skin or body hair conditions, type and intensity of activity performed while using the watch, fit of the watch, and otherend-user
LE PETIT PRINCE
Le Petit Prince ® The Little Prince ® © Antoine de Saint Exupéry Estate. Licensed by LPP612. 323760 | Montblanc | Visual Marketing POS | Drawing-Book ”Le Petit YOOX NET-A-PORTER GROUP È IL LEADER GLOBALE NEL LUXURY YOOX NET-A-PORTER GROUP è il leader globale nel luxury fashion e-commerce. Il Gruppo è un’azienda globale con radici Anglo-italiane, è il risultato della rivoluzionaria fusione, avvenuta nell’ottobre 2015, tra YOOX GROUP e THE NET-A-PORTERYOOX
YOOX
MEDIA.YOOX.BIZ
media.yoox.biz
TIMEPIECES COMPLICATIONS 12 13 Crown 1: Running position 2: Setting the date and/or time 3: Setting the time in a clockwise or anticlockwise direction. To set the time to the nearest second, the small-seconds hand can beSERVICE GUIDE
14 15 Leather Montblanc is a symbol for the finest leather products and traditional European craftsmanship. A Montblanc leather product reflects the sophisticated personality and lifestyle INTERNATIONAL GUARANTEE 4 5 Montblanc International Guarantee The following Montblanc International Guarantee applies to Montblanc Products sold or presented for guarantee service in any country (including the UnitedLE PETIT PRINCE
Le Petit Prince ® The Little Prince ® © Antoine de Saint Exupéry Estate. Licensed by LPP612. 323760 | Montblanc | Visual Marketing POS | Drawing-Book ”Le PetitMISSONI S.P.A.
ORGANISATIONAL AND MANAGEMENT MODEL Revision 01 _____ Organisational, Management and Control Model pursuant to Legislative DecreePAGE NUMBER
PAGE NUMBER Multi-brand In-Season Multi-brand Off-Season Online Flagship Stores €205.3m €217.5m €696.8m €789.6m €968.6m €1,083.9m Net Revenue Performance and BreakdownEXPERIENCES
It is required that cancellations are made within 24hrs. If an appointment is cancelled with less than 24hrs notice and cannot be rebooked, a full charge for the treatment will be taken. 7 MARCH 2012 VOGUE.COM (USA) Marchetti first got excited about the prospect of a shoe-only web venue when he realized that footwear was the runaway best-seller on his other sites—he has soldWRITING INSTRUMENTS
14 15 Writing Instruments Writing by hand is the purest expression of feelings and individuality. Montblanc is a symbol for the finest writing culture and traditional European craftsmanship.RETURN FORM
You can exercise your right to cancel and return products using the online return form (http://www.yoox.com/ReturnForm). You can also use the following form by MONTBLANC SAFETY MANUAL SUMMIT SICHERHEITSHANDBUCH GUIDE 5 conditions, skin or body hair conditions, type and intensity of activity performed while using the watch, fit of the watch, and otherend-user
PAGE NUMBER
PAGE NUMBER 1Q 2017 net revenues of €515 million, +19.1% organic1 (+15.4% reported2), compared with net revenues of €446 million in 1Q2016 Strong Organic
YOOX NET-A-PORTER GROUP È IL LEADER GLOBALE NEL LUXURY YOOX NET-A-PORTER GROUP è il leader globale nel luxury fashion e-commerce. Il Gruppo è un’azienda globale con radici Anglo-italiane, è il risultato della rivoluzionaria fusione, avvenuta nell’ottobre 2015, tra YOOX GROUP e THE NET-A-PORTER CAMPAGNOLO SUPER RECORD ULTRA-TORQUE CT TI EN CODE YNF01 PÉDALIER Campagnolo Super Record Ultra-Torque CT TI en carbone 50x34T, longueur de la manivelle : 170 mm-47/54 cm, 172,5 mm-55/59 cm, 175 mm-61 RICHEMONT AND ALIBABA GROUP ANNOUNCE THE LAUNCH OF … About YOOX NET-A-PORTER GROUP YOOX NET-A-PORTER GROUP is the world leader in online luxury and fashion with over 3.5 million high-spending active customers in 180 countries. A|X CONNECTED HYBRID SMARTWATCH FAQ o iOS: Go to the App store, type the brand name in the search command, select the app and tap “Get.” Wait for the app to download on yourphone.
7 MARCH 2012 VOGUE.COM (USA) Marchetti first got excited about the prospect of a shoe-only web venue when he realized that footwear was the runaway best-seller on his other sites—he has sold FORMULAR ZUR AUSÜBUNG DES RÜCKGABERECHTS Formular zur Ausübung des Rückgaberechts Sie können Ihr Recht auf Stornierung und Rückgabe von Artikeln mit dem Rückgabeformularausüben, das Sie
WRITING INSTRUMENTS
14 15 Writing Instruments Writing by hand is the purest expression of feelings and individuality. Montblanc is a symbol for the finest writing culture and traditional European craftsmanship.RETURN FORM
You can exercise your right to cancel and return products using the online return form (http://www.yoox.com/ReturnForm). You can also use the following form by MONTBLANC SAFETY MANUAL SUMMIT SICHERHEITSHANDBUCH GUIDE 5 conditions, skin or body hair conditions, type and intensity of activity performed while using the watch, fit of the watch, and otherend-user
PAGE NUMBER
PAGE NUMBER 1Q 2017 net revenues of €515 million, +19.1% organic1 (+15.4% reported2), compared with net revenues of €446 million in 1Q2016 Strong Organic
YOOX NET-A-PORTER GROUP È IL LEADER GLOBALE NEL LUXURY YOOX NET-A-PORTER GROUP è il leader globale nel luxury fashion e-commerce. Il Gruppo è un’azienda globale con radici Anglo-italiane, è il risultato della rivoluzionaria fusione, avvenuta nell’ottobre 2015, tra YOOX GROUP e THE NET-A-PORTER CAMPAGNOLO SUPER RECORD ULTRA-TORQUE CT TI EN CODE YNF01 PÉDALIER Campagnolo Super Record Ultra-Torque CT TI en carbone 50x34T, longueur de la manivelle : 170 mm-47/54 cm, 172,5 mm-55/59 cm, 175 mm-61 RICHEMONT AND ALIBABA GROUP ANNOUNCE THE LAUNCH OF … About YOOX NET-A-PORTER GROUP YOOX NET-A-PORTER GROUP is the world leader in online luxury and fashion with over 3.5 million high-spending active customers in 180 countries. A|X CONNECTED HYBRID SMARTWATCH FAQ o iOS: Go to the App store, type the brand name in the search command, select the app and tap “Get.” Wait for the app to download on yourphone.
7 MARCH 2012 VOGUE.COM (USA) Marchetti first got excited about the prospect of a shoe-only web venue when he realized that footwear was the runaway best-seller on his other sites—he has sold FORMULAR ZUR AUSÜBUNG DES RÜCKGABERECHTS Formular zur Ausübung des Rückgaberechts Sie können Ihr Recht auf Stornierung und Rückgabe von Artikeln mit dem Rückgabeformularausüben, das Sie
SERVICE GUIDE
14 15 Leather Montblanc is a symbol for the finest leather products and traditional European craftsmanship. A Montblanc leather product reflects the sophisticated personality and lifestyle FINDING THE RIGHT BUSINESS GIFT Writing Instruments Meisterstück Precious Resin – Platinum-Coated 149 Fountain Pen Writing System: Piston Fountain Pen Nib: Hand-crafted Au750/18 K gold nib with rhodium-coated inlay Barrel: Black precious resin Cap: Black precious resin inlaid with Montblanc emblem Trim: Three platinum-coated rings embossed with Montblanc brand name Clip: Platinum-coated clip with individual serial number RICHEMONT AND ALIBABA GROUP ANNOUNCE THE LAUNCH OF … About YOOX NET-A-PORTER GROUP YOOX NET-A-PORTER GROUP is the world leader in online luxury and fashion with over 3.5 million high-spending active customers in 180 countries.EMPOWERING PEOPLE
6 7 EXECUTIVE SUMMARY YOOX NET-A-PORTER GROUP’S Sustainability Vision is focused on Empowering People and it is built on three commitments: Education, Empowering Women and Responsibility. OUR PEOPLE make us strong. YOOX TRIM 3-12 ENG 04 YOOX GROUP CONSOLIDATED INTERIM FINANCIAL STATEMENTS | 11 The first quarter of 2012 closed with the Group recording sustained growth in sales, both for its Multi-brand andBOTTEGA VENETA
bottega veneta code of ethics approved by the board of directors onmarch 24th, 2016
SEPTEMBER 2015 ROADSHOW PRESENTATION SLIDE 7 2 leaders in a fast-growing, resilient and defendable market Broader global reach leveraging complementary geographical footprint Full coverage of all luxury customer segments across the entire product lifecycle Highly complementary competences Increased scale driving operating leverage and efficiencies Wider addressable audience in the most attractive market segments 7 MARCH 2012 VOGUE.COM (USA) Marchetti first got excited about the prospect of a shoe-only web venue when he realized that footwear was the runaway best-seller on his other sites—he has sold ANNUAL REPORT AS AT 31 DECEMBER 2015 report on corporate governance and ownership structure | 11 management and control bodies board of directors chief executive officer federico marchetti1 chairman raffaello napoleone2 directors stefano valerio3 4 robert kunze-concewitz3 5 6 catherine gÉrardin vautrin2 3 5 laura zoni4 alessandro foti2 4 5 richard lepeu7 4 gary saage7 eva chen8vittorio radice8
FORMULAR ZUR AUSÜBUNG DES RÜCKGABERECHTS Formular zur Ausübung des Rückgaberechts Sie können Ihr Recht auf Stornierung und Rückgabe von Artikeln mit dem Rückgabeformularausüben, das Sie
WRITING INSTRUMENTS
14 15 Writing Instruments Writing by hand is the purest expression of feelings and individuality. Montblanc is a symbol for the finest writing culture and traditional European craftsmanship.RETURN FORM
You can exercise your right to cancel and return products using the online return form (http://www.yoox.com/ReturnForm). You can also use the following form bySERVICE GUIDE
14 15 Leather Montblanc is a symbol for the finest leather products and traditional European craftsmanship. A Montblanc leather product reflects the sophisticated personality and lifestyle MONTBLANC SAFETY MANUAL SUMMIT SICHERHEITSHANDBUCH GUIDE 5 conditions, skin or body hair conditions, type and intensity of activity performed while using the watch, fit of the watch, and otherend-user
RICHEMONT AND ALIBABA GROUP ANNOUNCE THE LAUNCH OF … About YOOX NET-A-PORTER GROUP YOOX NET-A-PORTER GROUP is the world leader in online luxury and fashion with over 3.5 million high-spending active customers in 180 countries. YOOX NET-A-PORTER GROUP È IL LEADER GLOBALE NEL LUXURY YOOX NET-A-PORTER GROUP è il leader globale nel luxury fashion e-commerce. Il Gruppo è un’azienda globale con radici Anglo-italiane, è il risultato della rivoluzionaria fusione, avvenuta nell’ottobre 2015, tra YOOX GROUP e THE NET-A-PORTERGENDER PAY GAP
all employers in the UK with 250 or more employees must report their gender pay gap by sharing the median and mean (average) pay gaps between men and women’s hourly A|X CONNECTED HYBRID SMARTWATCH FAQ o iOS: Go to the App store, type the brand name in the search command, select the app and tap “Get.” Wait for the app to download on yourphone.
YOOX
YOOX
7 MARCH 2012 VOGUE.COM (USA) Marchetti first got excited about the prospect of a shoe-only web venue when he realized that footwear was the runaway best-seller on his other sites—he has soldWRITING INSTRUMENTS
14 15 Writing Instruments Writing by hand is the purest expression of feelings and individuality. Montblanc is a symbol for the finest writing culture and traditional European craftsmanship.RETURN FORM
You can exercise your right to cancel and return products using the online return form (http://www.yoox.com/ReturnForm). You can also use the following form bySERVICE GUIDE
14 15 Leather Montblanc is a symbol for the finest leather products and traditional European craftsmanship. A Montblanc leather product reflects the sophisticated personality and lifestyle MONTBLANC SAFETY MANUAL SUMMIT SICHERHEITSHANDBUCH GUIDE 5 conditions, skin or body hair conditions, type and intensity of activity performed while using the watch, fit of the watch, and otherend-user
RICHEMONT AND ALIBABA GROUP ANNOUNCE THE LAUNCH OF … About YOOX NET-A-PORTER GROUP YOOX NET-A-PORTER GROUP is the world leader in online luxury and fashion with over 3.5 million high-spending active customers in 180 countries. YOOX NET-A-PORTER GROUP È IL LEADER GLOBALE NEL LUXURY YOOX NET-A-PORTER GROUP è il leader globale nel luxury fashion e-commerce. Il Gruppo è un’azienda globale con radici Anglo-italiane, è il risultato della rivoluzionaria fusione, avvenuta nell’ottobre 2015, tra YOOX GROUP e THE NET-A-PORTERGENDER PAY GAP
all employers in the UK with 250 or more employees must report their gender pay gap by sharing the median and mean (average) pay gaps between men and women’s hourly A|X CONNECTED HYBRID SMARTWATCH FAQ o iOS: Go to the App store, type the brand name in the search command, select the app and tap “Get.” Wait for the app to download on yourphone.
YOOX
YOOX
7 MARCH 2012 VOGUE.COM (USA) Marchetti first got excited about the prospect of a shoe-only web venue when he realized that footwear was the runaway best-seller on his other sites—he has soldSERVICE GUIDE
14 15 Leather Montblanc is a symbol for the finest leather products and traditional European craftsmanship. A Montblanc leather product reflects the sophisticated personality and lifestyleYOOX
YOOX
INTERNATIONAL GUARANTEE 4 5 Montblanc International Guarantee The following Montblanc International Guarantee applies to Montblanc Products sold or presented for guarantee service in any country (including the UnitedMISSONI S.P.A.
ORGANISATIONAL AND MANAGEMENT MODEL Revision 01 _____ Organisational, Management and Control Model pursuant to Legislative DecreeANNUAL REPORT 2017
report on corporate governance and ownership structure | 9 contents glossary 10 management and control bodies 11 1. issuer profile 12 2. information on the ownership structure (pursuant to article 123-bis tuf) on 31/12/2017 13PAGE NUMBER
PAGE NUMBER Multi-brand In-Season Multi-brand Off-Season Online Flagship Stores €205.3m €217.5m €696.8m €789.6m €968.6m €1,083.9m Net Revenue Performance and Breakdown SERVICE PRICES* WRITING INSTRUMENTS Material Examples of Product Families Service Prices* based on defective components (see coloured area) Nib Exchange Service Authenticity ServiceEXPERIENCES
It is required that cancellations are made within 24hrs. If an appointment is cancelled with less than 24hrs notice and cannot be rebooked, a full charge for the treatment will be taken. 7 MARCH 2012 VOGUE.COM (USA) Marchetti first got excited about the prospect of a shoe-only web venue when he realized that footwear was the runaway best-seller on his other sites—he has sold MADE TO MEASURE トランクショー アルフレッド・ダンヒル 銀 … made to measure トランクショー 9月28日~9月29日 ダンヒル心斎橋店 06-6120-9713 天満屋岡山店 086-231-7111松屋銀座店
RETURN FORM
You can exercise your right to cancel and return products using the online return form (http://www.yoox.com/ReturnForm). You can also use the following form byEMPOWERING PEOPLE
6 7 EXECUTIVE SUMMARY YOOX NET-A-PORTER GROUP’S Sustainability Vision is focused on Empowering People and it is built on three commitments: Education, Empowering Women and Responsibility. OUR PEOPLE make us strong. MONTBLANC SAFETY MANUAL SUMMIT SICHERHEITSHANDBUCH GUIDE 5 conditions, skin or body hair conditions, type and intensity of activity performed while using the watch, fit of the watch, and otherend-user
PAGE NUMBER
PAGE NUMBER 1Q 2017 net revenues of €515 million, +19.1% organic1 (+15.4% reported2), compared with net revenues of €446 million in 1Q2016 Strong Organic
YOOX NET-A-PORTER GROUP È IL LEADER GLOBALE NEL LUXURY YOOX NET-A-PORTER GROUP è il leader globale nel luxury fashion e-commerce. Il Gruppo è un’azienda globale con radici Anglo-italiane, è il risultato della rivoluzionaria fusione, avvenuta nell’ottobre 2015, tra YOOX GROUP e THE NET-A-PORTER A|X CONNECTED HYBRID SMARTWATCH FAQ o iOS: Go to the App store, type the brand name in the search command, select the app and tap “Get.” Wait for the app to download on yourphone.
RICHEMONT AND ALIBABA GROUP ANNOUNCE THE LAUNCH OF … About YOOX NET-A-PORTER GROUP YOOX NET-A-PORTER GROUP is the world leader in online luxury and fashion with over 3.5 million high-spending active customers in 180 countries. CAMPAGNOLO SUPER RECORD ULTRA-TORQUE CT TI EN CODE YNF01 PÉDALIER Campagnolo Super Record Ultra-Torque CT TI en carbone 50x34T, longueur de la manivelle : 170 mm-47/54 cm, 172,5 mm-55/59 cm, 175 mm-61 7 MARCH 2012 VOGUE.COM (USA) Marchetti first got excited about the prospect of a shoe-only web venue when he realized that footwear was the runaway best-seller on his other sites—he has sold FORMULAR ZUR AUSÜBUNG DES RÜCKGABERECHTS Formular zur Ausübung des Rückgaberechts Sie können Ihr Recht auf Stornierung und Rückgabe von Artikeln mit dem Rückgabeformularausüben, das Sie
RETURN FORM
You can exercise your right to cancel and return products using the online return form (http://www.yoox.com/ReturnForm). You can also use the following form byEMPOWERING PEOPLE
6 7 EXECUTIVE SUMMARY YOOX NET-A-PORTER GROUP’S Sustainability Vision is focused on Empowering People and it is built on three commitments: Education, Empowering Women and Responsibility. OUR PEOPLE make us strong. MONTBLANC SAFETY MANUAL SUMMIT SICHERHEITSHANDBUCH GUIDE 5 conditions, skin or body hair conditions, type and intensity of activity performed while using the watch, fit of the watch, and otherend-user
PAGE NUMBER
PAGE NUMBER 1Q 2017 net revenues of €515 million, +19.1% organic1 (+15.4% reported2), compared with net revenues of €446 million in 1Q2016 Strong Organic
YOOX NET-A-PORTER GROUP È IL LEADER GLOBALE NEL LUXURY YOOX NET-A-PORTER GROUP è il leader globale nel luxury fashion e-commerce. Il Gruppo è un’azienda globale con radici Anglo-italiane, è il risultato della rivoluzionaria fusione, avvenuta nell’ottobre 2015, tra YOOX GROUP e THE NET-A-PORTER A|X CONNECTED HYBRID SMARTWATCH FAQ o iOS: Go to the App store, type the brand name in the search command, select the app and tap “Get.” Wait for the app to download on yourphone.
RICHEMONT AND ALIBABA GROUP ANNOUNCE THE LAUNCH OF … About YOOX NET-A-PORTER GROUP YOOX NET-A-PORTER GROUP is the world leader in online luxury and fashion with over 3.5 million high-spending active customers in 180 countries. CAMPAGNOLO SUPER RECORD ULTRA-TORQUE CT TI EN CODE YNF01 PÉDALIER Campagnolo Super Record Ultra-Torque CT TI en carbone 50x34T, longueur de la manivelle : 170 mm-47/54 cm, 172,5 mm-55/59 cm, 175 mm-61 7 MARCH 2012 VOGUE.COM (USA) Marchetti first got excited about the prospect of a shoe-only web venue when he realized that footwear was the runaway best-seller on his other sites—he has sold FORMULAR ZUR AUSÜBUNG DES RÜCKGABERECHTS Formular zur Ausübung des Rückgaberechts Sie können Ihr Recht auf Stornierung und Rückgabe von Artikeln mit dem Rückgabeformularausüben, das Sie
RETURN FORM
You can exercise your right to cancel and return products using the online return form (http://www.yoox.com/ReturnForm). You can also use the following form bySERVICE GUIDE
14 15 Leather Montblanc is a symbol for the finest leather products and traditional European craftsmanship. A Montblanc leather product reflects the sophisticated personality and lifestyle TIMEPIECES COMPLICATIONS 2 3 English 4 Deutsch 38 Français 72 Italiano 106 Español 140 Português 174 Русский 208 日本語 242 中文简体 276한국어 312
FINDING THE RIGHT BUSINESS GIFT Writing Instruments Meisterstück Precious Resin – Platinum-Coated 149 Fountain Pen Writing System: Piston Fountain Pen Nib: Hand-crafted Au750/18 K gold nib with rhodium-coated inlay Barrel: Black precious resin Cap: Black precious resin inlaid with Montblanc emblem Trim: Three platinum-coated rings embossed with Montblanc brand name Clip: Platinum-coated clip with individual serial numberMISSONI S.P.A.
ORGANISATIONAL AND MANAGEMENT MODEL Revision 01 _____ Organisational, Management and Control Model pursuant to Legislative DecreeEMPOWERING PEOPLE
6 7 EXECUTIVE SUMMARY YOOX NET-A-PORTER GROUP’S Sustainability Vision is focused on Empowering People and it is built on three commitments: Education, Empowering Women and Responsibility. OUR PEOPLE make us strong. MOG 231 MISSONI HOME dk >>k / kz' e/ /ke ' ^d/ke z À ] ] } v ì ì bbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbb 0rghoor gl rujdql]]d]lrqh jhvwlrqh h frqwuroor h YOOX TRIM 3-12 ENG 04 YOOX GROUP CONSOLIDATED INTERIM FINANCIAL STATEMENTS | 11 The first quarter of 2012 closed with the Group recording sustained growth in sales, both for its Multi-brand and SEPTEMBER 2015 ROADSHOW PRESENTATION SLIDE 7 2 leaders in a fast-growing, resilient and defendable market Broader global reach leveraging complementary geographical footprint Full coverage of all luxury customer segments across the entire product lifecycle Highly complementary competences Increased scale driving operating leverage and efficiencies Wider addressable audience in the most attractive market segments ANNUAL REPORT AS AT 31 DECEMBER 2015 report on corporate governance and ownership structure | 11 management and control bodies board of directors chief executive officer federico marchetti1 chairman raffaello napoleone2 directors stefano valerio3 4 robert kunze-concewitz3 5 6 catherine gÉrardin vautrin2 3 5 laura zoni4 alessandro foti2 4 5 richard lepeu7 4 gary saage7 eva chen8vittorio radice8
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14 15 Leather Montblanc is a symbol for the finest leather products and traditional European craftsmanship. A Montblanc leather product reflects the sophisticated personality and lifestyle RICHEMONT AND ALIBABA GROUP ANNOUNCE THE LAUNCH OF … About YOOX NET-A-PORTER GROUP YOOX NET-A-PORTER GROUP is the world leader in online luxury and fashion with over 3.5 million high-spending active customers in 180 countries. MONTBLANC SAFETY MANUAL SUMMIT SICHERHEITSHANDBUCH GUIDE 5 conditions, skin or body hair conditions, type and intensity of activity performed while using the watch, fit of the watch, and otherend-user
YOOX NET-A-PORTER GROUP È IL LEADER GLOBALE NEL LUXURY YOOX NET-A-PORTER GROUP è il leader globale nel luxury fashion e-commerce. Il Gruppo è un’azienda globale con radici Anglo-italiane, è il risultato della rivoluzionaria fusione, avvenuta nell’ottobre 2015, tra YOOX GROUP e THE NET-A-PORTERGENDER PAY GAP
all employers in the UK with 250 or more employees must report their gender pay gap by sharing the median and mean (average) pay gaps between men and women’s hourlyANNUAL REPORT 2017
report on corporate governance and ownership structure | 9 contents glossary 10 management and control bodies 11 1. issuer profile 12 2. information on the ownership structure (pursuant to article 123-bis tuf) on 31/12/2017 13 A|X CONNECTED HYBRID SMARTWATCH FAQ o iOS: Go to the App store, type the brand name in the search command, select the app and tap “Get.” Wait for the app to download on yourphone.
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MOG 231 MISSONI
dk >>k / kz' e/ /ke ' ^d/ke z À ] ] } v ì í bbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbb 0rghoor gl rujdql]]d]lrqh jhvwlrqh h frqwuroor hRETURN FORM
You can exercise your right to cancel and return products using the online return form (http://www.yoox.com/ReturnForm). You can also use the following form bySERVICE GUIDE
14 15 Leather Montblanc is a symbol for the finest leather products and traditional European craftsmanship. A Montblanc leather product reflects the sophisticated personality and lifestyle RICHEMONT AND ALIBABA GROUP ANNOUNCE THE LAUNCH OF … About YOOX NET-A-PORTER GROUP YOOX NET-A-PORTER GROUP is the world leader in online luxury and fashion with over 3.5 million high-spending active customers in 180 countries. MONTBLANC SAFETY MANUAL SUMMIT SICHERHEITSHANDBUCH GUIDE 5 conditions, skin or body hair conditions, type and intensity of activity performed while using the watch, fit of the watch, and otherend-user
YOOX NET-A-PORTER GROUP È IL LEADER GLOBALE NEL LUXURY YOOX NET-A-PORTER GROUP è il leader globale nel luxury fashion e-commerce. Il Gruppo è un’azienda globale con radici Anglo-italiane, è il risultato della rivoluzionaria fusione, avvenuta nell’ottobre 2015, tra YOOX GROUP e THE NET-A-PORTERGENDER PAY GAP
all employers in the UK with 250 or more employees must report their gender pay gap by sharing the median and mean (average) pay gaps between men and women’s hourlyANNUAL REPORT 2017
report on corporate governance and ownership structure | 9 contents glossary 10 management and control bodies 11 1. issuer profile 12 2. information on the ownership structure (pursuant to article 123-bis tuf) on 31/12/2017 13 A|X CONNECTED HYBRID SMARTWATCH FAQ o iOS: Go to the App store, type the brand name in the search command, select the app and tap “Get.” Wait for the app to download on yourphone.
YOOX
YOOX
MOG 231 MISSONI
dk >>k / kz' e/ /ke ' ^d/ke z À ] ] } v ì í bbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbb 0rghoor gl rujdql]]d]lrqh jhvwlrqh h frqwuroor hSERVICE GUIDE
14 15 Leather Montblanc is a symbol for the finest leather products and traditional European craftsmanship. A Montblanc leather product reflects the sophisticated personality and lifestyle TIMEPIECES COMPLICATIONS 2 3 English 4 Deutsch 38 Français 72 Italiano 106 Español 140 Português 174 Русский 208 日本語 242 中文简体 276한국어 312
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YOOX
INTERNATIONAL GUARANTEE 4 5 Montblanc International Guarantee The following Montblanc International Guarantee applies to Montblanc Products sold or presented for guarantee service in any country (including the UnitedMEDIA.YOOX.BIZ
media.yoox.biz
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PAGE NUMBER Multi-brand In-Season Multi-brand Off-Season Online Flagship Stores €205.3m €217.5m €696.8m €789.6m €968.6m €1,083.9m Net Revenue Performance and Breakdown SERVICE PRICES* WRITING INSTRUMENTS Material Examples of Product Families Service Prices* based on defective components (see coloured area) Nib Exchange Service Authenticity ServiceEXPERIENCES
It is required that cancellations are made within 24hrs. If an appointment is cancelled with less than 24hrs notice and cannot be rebooked, a full charge for the treatment will be taken. 7 MARCH 2012 VOGUE.COM (USA) Marchetti first got excited about the prospect of a shoe-only web venue when he realized that footwear was the runaway best-seller on his other sites—he has sold FORMULAR ZUR AUSÜBUNG DES RÜCKGABERECHTS Formular zur Ausübung des Rückgaberechts Sie können Ihr Recht auf Stornierung und Rückgabe von Artikeln mit dem Rückgabeformularausüben, das Sie
RETURN FORM
You can exercise your right to cancel and return products using the online return form (http://www.yoox.com/ReturnForm). You can also use the following form bySERVICE GUIDE
14 15 Leather Montblanc is a symbol for the finest leather products and traditional European craftsmanship. A Montblanc leather product reflects the sophisticated personality and lifestyle RICHEMONT AND ALIBABA GROUP ANNOUNCE THE LAUNCH OF … About YOOX NET-A-PORTER GROUP YOOX NET-A-PORTER GROUP is the world leader in online luxury and fashion with over 3.5 million high-spending active customers in 180 countries.IMPACT REPORT 20 18
About this report Welcome to our 2018 Impact Report. This report covers all YOOX NET-A-PORTER GROUP activities including the YOOX, NET-A-PORTER, MR PORTER and OUTNET websites as well MONTBLANC SAFETY MANUAL SUMMIT SICHERHEITSHANDBUCH GUIDE 5 conditions, skin or body hair conditions, type and intensity of activity performed while using the watch, fit of the watch, and otherend-user
YOOX NET-A-PORTER GROUP È IL LEADER GLOBALE NEL LUXURY YOOX NET-A-PORTER GROUP è il leader globale nel luxury fashion e-commerce. Il Gruppo è un’azienda globale con radici Anglo-italiane, è il risultato della rivoluzionaria fusione, avvenuta nell’ottobre 2015, tra YOOX GROUP e THE NET-A-PORTERANNUAL REPORT 2017
report on corporate governance and ownership structure | 9 contents glossary 10 management and control bodies 11 1. issuer profile 12 2. information on the ownership structure (pursuant to article 123-bis tuf) on 31/12/2017 13GENDER PAY GAP
2. FOREWORD. At YOOX NET-A-PORTER GROUP, we are committed . to creating a culture of inclusivity and gender balance, where everyone can reach their potential without barriers. A|X CONNECTED HYBRID SMARTWATCH FAQ o iOS: Go to the App store, type the brand name in the search command, select the app and tap “Get.” Wait for the app to download on yourphone.
YOOX
YOOX
RETURN FORM
You can exercise your right to cancel and return products using the online return form (http://www.yoox.com/ReturnForm). You can also use the following form bySERVICE GUIDE
14 15 Leather Montblanc is a symbol for the finest leather products and traditional European craftsmanship. A Montblanc leather product reflects the sophisticated personality and lifestyle RICHEMONT AND ALIBABA GROUP ANNOUNCE THE LAUNCH OF … About YOOX NET-A-PORTER GROUP YOOX NET-A-PORTER GROUP is the world leader in online luxury and fashion with over 3.5 million high-spending active customers in 180 countries.IMPACT REPORT 20 18
About this report Welcome to our 2018 Impact Report. This report covers all YOOX NET-A-PORTER GROUP activities including the YOOX, NET-A-PORTER, MR PORTER and OUTNET websites as well MONTBLANC SAFETY MANUAL SUMMIT SICHERHEITSHANDBUCH GUIDE 5 conditions, skin or body hair conditions, type and intensity of activity performed while using the watch, fit of the watch, and otherend-user
YOOX NET-A-PORTER GROUP È IL LEADER GLOBALE NEL LUXURY YOOX NET-A-PORTER GROUP è il leader globale nel luxury fashion e-commerce. Il Gruppo è un’azienda globale con radici Anglo-italiane, è il risultato della rivoluzionaria fusione, avvenuta nell’ottobre 2015, tra YOOX GROUP e THE NET-A-PORTERANNUAL REPORT 2017
report on corporate governance and ownership structure | 9 contents glossary 10 management and control bodies 11 1. issuer profile 12 2. information on the ownership structure (pursuant to article 123-bis tuf) on 31/12/2017 13GENDER PAY GAP
2. FOREWORD. At YOOX NET-A-PORTER GROUP, we are committed . to creating a culture of inclusivity and gender balance, where everyone can reach their potential without barriers. A|X CONNECTED HYBRID SMARTWATCH FAQ o iOS: Go to the App store, type the brand name in the search command, select the app and tap “Get.” Wait for the app to download on yourphone.
YOOX
YOOX
SERVICE GUIDE
14 15 Leather Montblanc is a symbol for the finest leather products and traditional European craftsmanship. A Montblanc leather product reflects the sophisticated personality and lifestyle TIMEPIECES COMPLICATIONS 2 3 English 4 Deutsch 38 Français 72 Italiano 106 Español 140 Português 174 Русский 208 日本語 242 中文简体 276한국어 312
YOOX
YOOX
INTERNATIONAL GUARANTEE 4 5 Montblanc International Guarantee The following Montblanc International Guarantee applies to Montblanc Products sold or presented for guarantee service in any country (including the UnitedPAGE NUMBER
PAGE NUMBER Multi-brand In-Season Multi-brand Off-Season Online Flagship Stores €205.3m €217.5m €696.8m €789.6m €968.6m €1,083.9m Net Revenue Performance and Breakdown SERVICE PRICES* WRITING INSTRUMENTS Material Examples of Product Families Service Prices* based on defective components (see coloured area) Nib Exchange Service Authenticity ServiceEXPERIENCES
It is required that cancellations are made within 24hrs. If an appointment is cancelled with less than 24hrs notice and cannot be rebooked, a full charge for the treatment will be taken. 7 MARCH 2012 VOGUE.COM (USA) Marchetti first got excited about the prospect of a shoe-only web venue when he realized that footwear was the runaway best-seller on his other sites—he has sold FORMULAR ZUR AUSÜBUNG DES RÜCKGABERECHTS Formular zur Ausübung des Rückgaberechts Sie können Ihr Recht auf Stornierung und Rückgabe von Artikeln mit dem Rückgabeformularausüben, das Sie
MADE TO MEASURE トランクショー アルフレッド・ダンヒル 銀 … made to measure トランクショー 9月28日~9月29日 ダンヒル心斎橋店 06-6120-9713 天満屋岡山店 086-231-7111松屋銀座店
MONTBLANC SAFETY MANUAL SUMMIT SICHERHEITSHANDBUCH GUIDE 5 conditions, skin or body hair conditions, type and intensity of activity performed while using the watch, fit of the watch, and otherend-user
RICHEMONT AND ALIBABA GROUP ANNOUNCE THE LAUNCH OF … About YOOX NET-A-PORTER GROUP YOOX NET-A-PORTER GROUP is the world leader in online luxury and fashion with over 3.5 million high-spending active customers in 180 countries. YOOX TRIM 3-13 ENG 03 YOOX GROUP CONSOLIDATED INTERIM FINANCIAL STATEMENTS | 12 shoescribe.com is a Multi-brand Online Store launched in March 2012 devoted entirely to women’s footwear. shoescribe.com offers a unique all-round shopping experience in the world of shoes, ranging from theeditorial
ANNUAL REPORT 2017
report on corporate governance and ownership structure | 9 contents glossary 10 management and control bodies 11 1. issuer profile 12 2. information on the ownership structure (pursuant to article 123-bis tuf) on 31/12/2017 13 A|X CONNECTED HYBRID SMARTWATCH FAQ o iOS: Go to the App store, type the brand name in the search command, select the app and tap “Get.” Wait for the app to download on yourphone.
GENDER PAY GAP
all employers in the UK with 250 or more employees must report their gender pay gap by sharing the median and mean (average) pay gaps between men and women’s hourly 2010 FULL-YEAR RESULTS 9 MARCH 2011 The information contained in this document is confidential and proprietary to YOOX Group SLIDE 2 DISCLAIMER This presentation has been prepared by YOOX S.p.A. for information purposes only and for use in presentations of the Group’sresults and YOOX NET-A-PORTER GROUP S.P.A. OF 21 APRIL 2017 - as at the date of the meeting and as at the record date (i.e. 10 April 2017) YNAP S.p.A. share capital amounts to Euro 1,338,193.05 and is divided into No. 90,913,167 ordinary shares and No. 42,906,138 MADE TO MEASURE トランクショー アルフレッド・ダンヒル 銀 … made to measure トランクショー 9月28日~9月29日 ダンヒル心斎橋店 06-6120-9713 天満屋岡山店 086-231-7111松屋銀座店
7 MARCH 2012 VOGUE.COM (USA) Marchetti first got excited about the prospect of a shoe-only web venue when he realized that footwear was the runaway best-seller on his other sites—he has sold MONTBLANC SAFETY MANUAL SUMMIT SICHERHEITSHANDBUCH GUIDE 5 conditions, skin or body hair conditions, type and intensity of activity performed while using the watch, fit of the watch, and otherend-user
RICHEMONT AND ALIBABA GROUP ANNOUNCE THE LAUNCH OF … About YOOX NET-A-PORTER GROUP YOOX NET-A-PORTER GROUP is the world leader in online luxury and fashion with over 3.5 million high-spending active customers in 180 countries. YOOX TRIM 3-13 ENG 03 YOOX GROUP CONSOLIDATED INTERIM FINANCIAL STATEMENTS | 12 shoescribe.com is a Multi-brand Online Store launched in March 2012 devoted entirely to women’s footwear. shoescribe.com offers a unique all-round shopping experience in the world of shoes, ranging from theeditorial
ANNUAL REPORT 2017
report on corporate governance and ownership structure | 9 contents glossary 10 management and control bodies 11 1. issuer profile 12 2. information on the ownership structure (pursuant to article 123-bis tuf) on 31/12/2017 13 A|X CONNECTED HYBRID SMARTWATCH FAQ o iOS: Go to the App store, type the brand name in the search command, select the app and tap “Get.” Wait for the app to download on yourphone.
GENDER PAY GAP
all employers in the UK with 250 or more employees must report their gender pay gap by sharing the median and mean (average) pay gaps between men and women’s hourly 2010 FULL-YEAR RESULTS 9 MARCH 2011 The information contained in this document is confidential and proprietary to YOOX Group SLIDE 2 DISCLAIMER This presentation has been prepared by YOOX S.p.A. for information purposes only and for use in presentations of the Group’sresults and YOOX NET-A-PORTER GROUP S.P.A. OF 21 APRIL 2017 - as at the date of the meeting and as at the record date (i.e. 10 April 2017) YNAP S.p.A. share capital amounts to Euro 1,338,193.05 and is divided into No. 90,913,167 ordinary shares and No. 42,906,138 MADE TO MEASURE トランクショー アルフレッド・ダンヒル 銀 … made to measure トランクショー 9月28日~9月29日 ダンヒル心斎橋店 06-6120-9713 天満屋岡山店 086-231-7111松屋銀座店
7 MARCH 2012 VOGUE.COM (USA) Marchetti first got excited about the prospect of a shoe-only web venue when he realized that footwear was the runaway best-seller on his other sites—he has sold YOOX TRIM 3-13 ENG 03 YOOX GROUP CONSOLIDATED INTERIM FINANCIAL STATEMENTS | 12 shoescribe.com is a Multi-brand Online Store launched in March 2012 devoted entirely to women’s footwear. shoescribe.com offers a unique all-round shopping experience in the world of shoes, ranging from theeditorial
GENDER PAY GAP
UNDERSTANDING OUR PAY GAP 2019 The mean pay gap for employees across our UK business is 14.9% and the median is 25.9%. This represents an increase of 0.2% in the meanLE PETIT PRINCE
Le Petit Prince ® The Little Prince ® © Antoine de Saint Exupéry Estate. Licensed by LPP612. 323760 | Montblanc | Visual Marketing POS | Drawing-Book ”Le Petit 2010 FULL-YEAR RESULTS 9 MARCH 2011 The information contained in this document is confidential and proprietary to YOOX Group SLIDE 2 DISCLAIMER This presentation has been prepared by YOOX S.p.A. for information purposes only and for use in presentations of the Group’sresults andYOOX
YOOX
PAGE NUMBER
PAGE NUMBER 1Q 2017 net revenues of €515 million, +19.1% organic1 (+15.4% reported2), compared with net revenues of €446 million in 1Q2016 Strong Organic
MARCH 2012 ROADSHOW PRESENTATION The information contained in this document is confidential and proprietary to YOOX Group SLIDE 2 DISCLAIMER This presentation has been prepared by YOOX S.p.A. for information purposes only and for use in presentations of the Group’s results and APRIL 2015 ROADSHOW PRESENTATION SLIDE 7 2 leaders in a fast-growing,resilient and defendable market Broader global reach leveraging complementary geographical footprint Full coverage of all luxury customer segments across the entire product lifecycle Highlycomplementary competences Increasedscale drivingoperating leverage and efficiencies Wider addressable audience in the most attractive market segments 7 MARCH 2012 VOGUE.COM (USA) Marchetti first got excited about the prospect of a shoe-only web venue when he realized that footwear was the runaway best-seller on his other sites—he has sold MADE TO MEASURE トランクショー アルフレッド・ダンヒル 銀 … made to measure トランクショー 9月28日~9月29日 ダンヒル心斎橋店 06-6120-9713 天満屋岡山店 086-231-7111松屋銀座店
MONTBLANC SAFETY MANUAL SUMMIT SICHERHEITSHANDBUCH GUIDE 5 conditions, skin or body hair conditions, type and intensity of activity performed while using the watch, fit of the watch, and otherend-user
RICHEMONT AND ALIBABA GROUP ANNOUNCE THE LAUNCH OF … About YOOX NET-A-PORTER GROUP YOOX NET-A-PORTER GROUP is the world leader in online luxury and fashion with over 3.5 million high-spending active customers in 180 countries. YOOX TRIM 3-13 ENG 03 YOOX GROUP CONSOLIDATED INTERIM FINANCIAL STATEMENTS | 12 shoescribe.com is a Multi-brand Online Store launched in March 2012 devoted entirely to women’s footwear. shoescribe.com offers a unique all-round shopping experience in the world of shoes, ranging from theeditorial
ANNUAL REPORT 2017
report on corporate governance and ownership structure | 9 contents glossary 10 management and control bodies 11 1. issuer profile 12 2. information on the ownership structure (pursuant to article 123-bis tuf) on 31/12/2017 13 A|X CONNECTED HYBRID SMARTWATCH FAQ o iOS: Go to the App store, type the brand name in the search command, select the app and tap “Get.” Wait for the app to download on yourphone.
GENDER PAY GAP
all employers in the UK with 250 or more employees must report their gender pay gap by sharing the median and mean (average) pay gaps between men and women’s hourly 2010 FULL-YEAR RESULTS 9 MARCH 2011 The information contained in this document is confidential and proprietary to YOOX Group SLIDE 2 DISCLAIMER This presentation has been prepared by YOOX S.p.A. for information purposes only and for use in presentations of the Group’sresults and YOOX NET-A-PORTER GROUP S.P.A. OF 21 APRIL 2017 - as at the date of the meeting and as at the record date (i.e. 10 April 2017) YNAP S.p.A. share capital amounts to Euro 1,338,193.05 and is divided into No. 90,913,167 ordinary shares and No. 42,906,138 MONTBLANC SAFETY MANUAL SUMMIT SICHERHEITSHANDBUCH GUIDE 5 conditions, skin or body hair conditions, type and intensity of activity performed while using the watch, fit of the watch, and otherend-user
RICHEMONT AND ALIBABA GROUP ANNOUNCE THE LAUNCH OF … About YOOX NET-A-PORTER GROUP YOOX NET-A-PORTER GROUP is the world leader in online luxury and fashion with over 3.5 million high-spending active customers in 180 countries. YOOX TRIM 3-13 ENG 03 YOOX GROUP CONSOLIDATED INTERIM FINANCIAL STATEMENTS | 12 shoescribe.com is a Multi-brand Online Store launched in March 2012 devoted entirely to women’s footwear. shoescribe.com offers a unique all-round shopping experience in the world of shoes, ranging from theeditorial
ANNUAL REPORT 2017
report on corporate governance and ownership structure | 9 contents glossary 10 management and control bodies 11 1. issuer profile 12 2. information on the ownership structure (pursuant to article 123-bis tuf) on 31/12/2017 13 A|X CONNECTED HYBRID SMARTWATCH FAQ o iOS: Go to the App store, type the brand name in the search command, select the app and tap “Get.” Wait for the app to download on yourphone.
GENDER PAY GAP
all employers in the UK with 250 or more employees must report their gender pay gap by sharing the median and mean (average) pay gaps between men and women’s hourly 2010 FULL-YEAR RESULTS 9 MARCH 2011 The information contained in this document is confidential and proprietary to YOOX Group SLIDE 2 DISCLAIMER This presentation has been prepared by YOOX S.p.A. for information purposes only and for use in presentations of the Group’sresults and YOOX NET-A-PORTER GROUP S.P.A. OF 21 APRIL 2017 - as at the date of the meeting and as at the record date (i.e. 10 April 2017) YNAP S.p.A. share capital amounts to Euro 1,338,193.05 and is divided into No. 90,913,167 ordinary shares and No. 42,906,138 MADE TO MEASURE トランクショー アルフレッド・ダンヒル 銀 … made to measure トランクショー 9月28日~9月29日 ダンヒル心斎橋店 06-6120-9713 天満屋岡山店 086-231-7111松屋銀座店
7 MARCH 2012 VOGUE.COM (USA) Marchetti first got excited about the prospect of a shoe-only web venue when he realized that footwear was the runaway best-seller on his other sites—he has sold YOOX TRIM 3-13 ENG 03 YOOX GROUP CONSOLIDATED INTERIM FINANCIAL STATEMENTS | 12 shoescribe.com is a Multi-brand Online Store launched in March 2012 devoted entirely to women’s footwear. shoescribe.com offers a unique all-round shopping experience in the world of shoes, ranging from theeditorial
GENDER PAY GAP
UNDERSTANDING OUR PAY GAP 2019 The mean pay gap for employees across our UK business is 14.9% and the median is 25.9%. This represents an increase of 0.2% in the meanLE PETIT PRINCE
Le Petit Prince ® The Little Prince ® © Antoine de Saint Exupéry Estate. Licensed by LPP612. 323760 | Montblanc | Visual Marketing POS | Drawing-Book ”Le Petit 2010 FULL-YEAR RESULTS 9 MARCH 2011 The information contained in this document is confidential and proprietary to YOOX Group SLIDE 2 DISCLAIMER This presentation has been prepared by YOOX S.p.A. for information purposes only and for use in presentations of the Group’sresults andYOOX
YOOX
PAGE NUMBER
PAGE NUMBER 1Q 2017 net revenues of €515 million, +19.1% organic1 (+15.4% reported2), compared with net revenues of €446 million in 1Q2016 Strong Organic
MARCH 2012 ROADSHOW PRESENTATION The information contained in this document is confidential and proprietary to YOOX Group SLIDE 2 DISCLAIMER This presentation has been prepared by YOOX S.p.A. for information purposes only and for use in presentations of the Group’s results and APRIL 2015 ROADSHOW PRESENTATION SLIDE 7 2 leaders in a fast-growing,resilient and defendable market Broader global reach leveraging complementary geographical footprint Full coverage of all luxury customer segments across the entire product lifecycle Highlycomplementary competences Increasedscale drivingoperating leverage and efficiencies Wider addressable audience in the most attractive market segments 7 MARCH 2012 VOGUE.COM (USA) Marchetti first got excited about the prospect of a shoe-only web venue when he realized that footwear was the runaway best-seller on his other sites—he has sold MADE TO MEASURE トランクショー アルフレッド・ダンヒル 銀 … made to measure トランクショー 9月28日~9月29日 ダンヒル心斎橋店 06-6120-9713 天満屋岡山店 086-231-7111松屋銀座店
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