Yoox shares up sharply in Milan debut

MILAN, Dec 3 (Reuters) - Shares in Italian online fashion retailer Yoox rose as much as 6.98 percent at its debut on the Milan bourse on Thursday in the domestic market's first initial public offer for 20 months.

By 0803 GMT, shares were trading up 5.17 percent at 4.5225 euros, after the IPO was priced at 4.3 euros. The stock touched a high of 4.60 euros earlier.

The overall index gained around 1 percent.

(Reporting by Jo Winterbottom) Keywords: YOOX/ ([e-mail]; [phone]; Reuters messaging: [e-mail]) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.