Yoox Net-A-Porter 2015 adjusted core profit up 26 percent
MILAN (Reuters) – Italian online fashion retailer Yoox Net-A-Porter (YNAP) posted a 26 percent increase in 2015 adjusted core profit as sales rose strongly driven by the recently merged group’s more exclusive websites. Italy’s Yoox merged at the start of October with upmarket rival Net-a-Porter in an all-share deal that created a leader in the fast-growing online luxury market, handing a 50 percent stake to Swiss luxury group Richemont . YNAP said adjusted earnings before interest, tax, depreciation and amortisation totalled 133. …
Victoria’s Secret models to heat up TV screens in swimsuit special Wednesday
Supermodels Behati Prinsloo and Candice Swanepoel will show off the latest swimwear trends from the beaches of St. Barth’s in a TV special Wednesday, showing off the latest swimwear trends along with musical guests Nick Jonas and Demi Lovato.
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