An e-commerce IPO in Europe!
YOOX, the online apparel and accessories retailer, is planning an initial public stock offering on the Milan Stock Exchange in the first half of next year.
The online apparel and accessories retailer has retained Italian investment banker Eidos Partners as financial advisor to manage the IPO.
Established in Italy in 2000 by CEO Federico Marchetti, YOOX Group operates in 53 countries and receives nearly four million visitors a month to its online stores.
In 2007 the company delivered more than 1 million items to customers across the world and reported web sales of $121.7 million.
InternetRetailer.com - Daily News for Wednesday, June 11, 2008
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