Yoox Net-a-Porter has reported a rise in sales and earnings in the first half of the year.

The fashion etailer posted a 28.1% increase in adjusted EBITDA to €98m, on net revenues up 19.5% to €1bn.

Yoox Net-a-Porter said it drew 394.1 million visits over the half, compared to 342.7 million in the comparative period last year.

Orders were up from 3.9 million to 4.5 million and the average order value was €345 versus €335.

Customer numbers rose from 2.6 million to 3 million.

‘Organic growth’

Yoox Net-a-Porter chef executive Federico Marchetti said: “In the first half we achieved outstanding results with revenues of over €1bn thanks to organic growth of more than 20% in the second quarter.

“This remarkable performance reflects our success in leveraging on strong company cultures to build one group and one team.

“We just hit another important milestone in our integration plan, with the launch of the first online flagship store on our new state-of-the-art technology.

“This enables us to deliver far greater personalisation through artificial intelligence and smart data.”