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Yoox Group turnover surpasses 500 million euros

Italian based e-commerce group Yoox archives 2014 surpassing for the first time 500 million in revenue (turnover stood at 524.3 million, up 15.1%) and with profits up 9, 8% to 12.6 million euro. The growth was fueled by the strong increase in orders, passed 2.8 million to 3.64 million, with growth of over 20%; and found again, more pronounced in the field of multi-brand owned by the group (yoox.com, thecorner.com and shoescribe.com) than in single-brand for the fashion brands: revenues for the first amounted to a total of 381, 7 million, an increase of 16.3%, while the brand achieved sales of 142.6 million euros, still in double-digit growth.

Nicholas Kirkwood SS 2015 available at Yoox.com

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Burberry partners with Twitter for personalized photos

Burberry has partnered with Twitter to offer users of the social media site the chance to capture pictures of its London Fashion Week (LFW) women’swear show live from the runway later today.

By tweeting #Tweetcam to the @Burberry Twitter account, users will trigger a camera to take a photograph from the best vantage point within the show space as the models walk down the runway. Each picture is then personalised with the user’s Twitter handle, a time stamp of the moment the image was taken and then tweeted back to them.

The luxury fashion house, known for its forward-thinking digital and social activity around its LFW shows, has previously worked with Twitter on a number of initiatives. In 2012 Twitter provided an in-tweet live stream of Burberry’s Spring/Summer show, and last September the fashion brand sold its products through Twitter Buy Now functionality.

Burberry #Tweetcam collaboration Twitter

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Prada revenue down 1 percent for full year to 31 Jan 2015

For the year ended January 31, 2015, the Prada Group totaled 3.55 billion euro revenue, down 1% from the year before. The company faced a difficult situation in Asia-Pacific (-5%) while the Americas sales increased (+ 8%).The turnover is slightly lower than analysts’ estimates reported by Thomson Reuters SmartEstimate Analysts, who had expected a figure of 3.57 billion euro.

The retail channel generated in the 12 months 2.98 billion euro, substantially in line with the previous year. In Europe, in particular, the group that controls the brands Prada, Miu Miu, Church’s and Car Shoe recorded a sales drop of 1% due to weak domestic demand and lower tourist spending. The disappointing performance in the East can be explained, according to the company, with the deterioration in market conditions especially in Macau and Hong Kong (where the Prada Group is listed). A negative influence on the performance of Greater China,was also the fact that the budget did not take into account sales during the Chinese New Year, celebrated this year in February. In contrast, revenues in Japan, increased by 8% in the fiscal year. Despite the decline of Russian tourists, sales in the Middle East rose by 10%.

The Prada brand, which represents 83% of the total turnover of the group, has suffered a -1.7%. Miu Miu has scored a + 4% while Church’s and Car Shoe grew in double digits (+ 14.8% and + 12.7% respectively).

“The geopolitical scenario and the currency in which we work – says Patrizio Bertelli, CEO of Prada Spa – has been around for 2014 more uncertain and more complex than could have been expected. This situation, which led to a temporary break in the path of development of the group. However, did not change our growth targets medium to long term, we will continue to pursue adapting strategy and organizational structure in an evolving global context. The medium-term plan continues with targeted industrial investments in marketing and retail, necessary to ensure a strong future growth, always putting extreme attention to costs, in order to preserve margins and allow adequate returns on investment. ”

Prada store Sanya China at Haitang Bay

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CERVO, Zermatt – understated authentic Swiss Alpine luxury

CERVO Mountain Boutique Resort in the legendary ski town of Zermatt redefines authentic luxury Swiss hospitality with a contemporary and inherently understated identity. While guests can ski right up to the entrance, the resort has been conceived by young hoteliers Daniel and Seraina to be much more than a ski oriented resort. Its two restaurants, bar and outdoor terrace overlooking the Matterhorn have firmly positioned CERVO as a lifestyle destination for non-residence seeking an exceptional luxury experience, both in service and quality of offerings.

Daniel Lauber wanted to be an hotelier since childhood. After studying at the Swiss Hotel Management School Lucerne, and training at international five-stars in both the United States and Switzerland, he broke ground in 2009 with CERVO Mountain Boutique Resort—his family-owned ski chalet that he converted into a 35-room hotel with his wife and chef Seraina. Nowadays, although he seems forever present, Daniel manages a team he built around personalized and attentive service. The passion to be part of Cervo’s team and witnessing high levels of customer satisfaction are the key drivers behind the performance of the very young team.

Local materials like felt, loden, and stone converge with vintage curios in the main building, a converted 1950s chalet that still has its original wooden floor. A predominantly hunting theme is omnipresent throughout the interior design concept of the entire resort. The curved, stylized antlers of a deer appear sporadically throughout the complex (‘cervo’ in Italian means deer).

The second restaurant of the resort, Ferdinand, launched recently, is defined by Alpine casual dining – raclette, fondue and BBQ.  The atmosphere is hip, Ferdinand offering a taste of the cosmopolitan life in Zermatt. All products at Ferdinand are local, sourced either from the Valais region or elsewhere in Switzerland. I was impressed not only by the quality of dishes but also by the friendly, efficient and very intuitive service with a homey feel.

My room, the Deluxe Spa Suite, probably has the most spectacular mountain views, with a lavish terrace, a strategically placed jacuzzi providing the ideal romantic or relaxation spot. The bathroom also featured a state-of-the-art Spa shower which could also turn into a steam-bath. The sweeping panoramic views were blissful admired from the hand-made King Size, Hästens bed, probably one of the most comfortable beds I have slept in my recent travels. Other important details: Molton Brown amenities with a candle in each room, working fireplace in all suites, complimentary mini-bar, complimentary high-speed wi-fi internet throughout the entire resort.

For my first visit to Zermatt, I must admit I was truly surprised by the overall laid-back feel of the town and the lack of the overt luxury, which some of the other famed Swiss resorts rely on. The ”show off”’ factor driven by luxury shopping (major international brands) and fancy F&B outlets are replaced in Zermatt by family-owned Swiss food & beverage outlets and retail stores, mostly with ski equipment. The only well represented luxury retail segment in Zermatt is watches, with all major Swiss luxury brands represented, including a Patek Phillippe mono-brand corner. Zermatt is certainly for those seeking privacy and lack of show-off.

More photos are available on our Facebook page. A video preview of the Spa suite can be watched here.

Oliver Petcu in Zermatt

Cervo Boutique Resort, Zermatt

 

 

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Luxury Loama Resort opens on Maamigili island in the Maldives

Loama Resort Maldives at Maamigili is a teardrop-shaped private island that was once the playground of ancient kings; part of the northernmost and largely undiscovered Raa Atoll and representing the final frontier of the Maldives, where absolute seclusion can be secured.

As for the resort’s anticipated Spa, guests can enjoy treatments in either the Beach Villas surrounded by the beauty of Maldivian skyline or in one of the glass-bottomed Ocean Villa rooms offering views into crystal clear waters below during a well deserved massage.

The resort’s over-water villas perch elegantly on poles above the shimmering turquoise shallows of the Indian Ocean, while its beach villas offer contemporary style with charming and authentically Maldivian touches. Each room comes with its own Maldivian name that reflects its heritage, history and significance in the culture of the Maldives. Elaborate roofs of thatched coconut and traditional Maldivian ornamentation help immerse guests in a culturally rich environment, while modern conveniences such as an outdoor deck and rain showers add a touch of contemporary sophistication.

As a tribute to the opulent ancestry found in the Maldives the resort has established the Maldives’ first gallery of contemporary Maldivian art, Loama Art Gallery, in a stunning over-water pavilion near the resort’s main arrival pier and with the blessing of the National Art Gallery of Maldives in Male.

It already houses an important collection of artefacts from key periods of Maldivian history, from an extensive collection of 15th century Chinese porcelain to the discovery of a pair of 11th century sunken baths on the island.

The resort features six gastronomic havens, each offering a distinct epicurean experience.

Loama Resort opens in Maldives at Maamigili
Loama Resort opens in Maldives at Maamigili

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