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YOOX is basically an Italian internet mail order vendor of men's and women's multibrand clothing and accessories. It was established by Federico Marchetti, who was previously an investment banker, in Zola Predosa near Bologna in the year 2000, Yoox Group then turned into an e-commerce company that serves above 100 countries around the globe. The company’s main idea is to purchase overstocked or unsold items from preceding seasons in a direct contact from well fashion houses which includes Dolce & Gabbana, Diesel, Gucci, Armani and Cavalli and in addition manufacturers and authorized dealers and vend them online at low-priced outlet prices. It is to make luxury brands to off-load last year's merchandise without undermining their brands or harming sales at their presented stores. Classic designer clothing (Chanel, Dior, Pucci etc.) is mixed together with the assistance of fashion editor Polly Allen Mellen and sold at particular events. Some fashion designers have made capsule collections completely for yoox.com, like Hussein Chalayan (menswear) or Alexandre Herchcovitch.
Facts about Yoox:
Yoox was founded in the year 2000 by Federico Marchetti and its headquarter is in Zola Predosa, Bologna, Italy. Supported by the venture capital company Balderton Capital, YOOX was invented as a privately seized company and got total revenues of $26 mio in the year2004. In the year 2005 it has got $70 mio. In 2008, sales augmented to $138 mio, "a 48% boost from 2007". 75% of Yoox were owned by private equity companies Capital Kiwi , 360 Capital Partner (Net Partners, Italy) and Balderton Capital (then the European offshoot of Benchmark Capital - now independent), founder Federico Marchetti have 9% share and 16% shares were with senior managers. Yoox became public at the Milan STOCK EXCHANGE on December 3, 2009, which got them €95 Mio. in revenues from the IPO and was estimated at €217 Mio that day. From the IPO began, 51% share of the stock is in the MARKET, about 11.5% shares are owned by Balderton Capital, Kiwi have 6,8%, Nestor 2000 owns 6.3%, JP Morgan has got 5.4% share, 4.7% stack is with Marchetti and the remaining to rest of the shareholders. The firm received a net profit of €4.1 mio with revenues of €152.2 mio in 2009. The company is featured on the Borsa Italiana and is a component of the FTSE MIB index.
Yoox.com, launched in 2000, is the world’s foremost online lifestyle portal for fashion, design and art.
Because of the long-standing direct relationships with designers, manufacturers and official retailers across the globe, yoox.com provides an array of attractive products, which includes:
- An abridged variety of difficult to get clothing and accessories from the world’s most prominent designers
- Fashionable collections of capsules
- Eco-friendly fashion
- An exclusive variety of home design objects
- Rare classic finds and books
- A curated collection of gripping and collectable artworks selected by international curators and critics from the world’s foremost galleries and institutions
How to Redeem Yoox Voucher Codes?
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Customers at Yoox can use the following payment methods: Credit Card: Visa, MasterCard, American Express and JCB. Visa Electron. Pre-paid Credit Cards. The total amount will be charged to your card when the order is shipped. Your card will be charged in USD.
Charges may vary according to the countries and there may be home taxes and duties for the order. YOOX sums up these fees for you: the accurate amount of local taxes and duties for your order will be provided in the Shopping Bag and all through Checkout. The total you pay when you finish your order which involves all duties and taxes owed to local authorities. You need not to give additional fees when the package is being sent to your doorsteps. Import duties and local taxes are added at checkout. You will have no extra costs at delivery. UPS is our courier for all shipments, apart from for Hong Kong where shipping is done with S.F. Express. You will receive an e-mail containing your Tracking Number once your package has been shipped from our Hong Kong distribution center, approx. 3-4 business days from order date.
I have ordered a few times now and I am always excited about it! In the end the articles are very near to the pictures, shipping is reliable and fast with UPS and in case I have to return something, UPS is even picking it up again at my adress. I get my order refunded within 5 days to my card. Simply perfect! If I would suggest an improvement it’s for the descriptions of the articles. They are so streamlined with key words that they don't fit or sometimes are quite funny. The same for the styling on the mannequin: sometimes details are carelessly styled. I really have to grin when I see a back belt buckled in the front. The only excuse is: styling, pictures, texts have to be generated in an extremely short time. So, thank you Yoox for so much luxury at small prices!
Customers from Australia and Hong Kong can also call us at our toll-free number from Monday to Friday, excluding holidays: Australia: 1800028595 - from 11 am to 11 pm Sydney Time Hong Kong: 800903845 - from 8 am to 8 pm Hong Kong Time
YOOX Group Press Office Headquarters
Via Morimondo, 17
T +39 02 83112811
F +39 02 83112821