MILAN — Italian online retailer Yoox Group closed 2012 with gains in profitability and sales, boosted by growth in all markets and at both its monobrand designer stores and its multibrand channel.
In the 12 months ended Dec. 31, net profit rose 1.8 percent to 10.2 million euros, or $13 million, compared with 10 million euros, or $13.9 million, in 2011, despite higher financial expenses and a 72 percent increase in depreciation and amortization attributed mainly to investments in innovation and technology, and the automation of the central operations and distribution platform.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"