MILAN Nov 18 Italian internet retailer Yoox
said on Monday it had launched the first online shop
for upmarket Italian suitmaker Brioni as part of its joint
venture with French luxury group Kering.
Yoox said the addition of Brioni brought the number of
monobrand websites it manages for Kering to seven, adding to a
portfolio that includes Yves Saint Laurent and Alexander
Global online sales of luxury goods are growing faster than
the rest of the luxury market and will be worth about 10 billion
euros ($13.47 billion), or 5 percent, of total revenue in 2013,
consultancy Bain & Co says.
($1 = 0.7421 euros)
(Reporting by Isla Binnie; Editing by David Goodman)