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YOOX Net-a-Porter Group S.p.A. is an Italian online fashion retailer created on 5 October 2015 after the merger between Yoox Group and Net-a-porter Group (NAP). Yoox was originally founded by Federico Marchetti in Milan in 2000, and Net-a-Porter was founded by Natalie Massenet in London in 2000. Beginning in 2003, Richemont invested in NAP. In ...
MILAN — The Yoox Net-a-porter Group continues to take steps toward circularity. The group on Thursday pledged to commit to HRH the Prince of Wales’ Terra Carta and join the Sustainable Markets ...
On 25 January 2012, Marchetti and YOOX Group were awarded the Comitato Leonardo's Premio Leonardo award for innovation by Giorgio Napolitano, President of Italy. [15] In 2016 Marchetti was recognized as Italy's Entrepreneur of the Year by Ernst & Young, for founding and successfully leading the Yoox Net-a-Porter Group. [16]
[6] [14] Net-a-Porter Group is now estimated as a £350m company. [15] In early 2014, it launched a print magazine called Porter, with an associated app and digital version of the magazine. [20] Ahead of a merger with the Yoox Group, Massenet stepped down as the executive chairman of Net-a-Porter in September 2015. [21]
In 2007, Loehnis joined Net-a-Porter. [7] She led the launch of its brands the Outnet in 2009 and Mr. Porter in 2011. [ 6 ] In 2015, she led the merge of YOOX and Net-a-Porter, which created YOOX Net-a-Porter Group.
Yoox Net-a-porter has a new manager of its American business. Mary Ransom has joined the company in the newly created position of general manager of its business in the U.S., where she will ...
In April 2022, Farfetch announced the acquisition of Wannaby Inc. [23] In August, it reached an agreement to purchase a 47.5% stake in fashion e-commerce YNAP Group from Swiss luxury conglomerate Richemont, turning Net-a-Porter into a neutral platform with no controlling shareholder. [24]
In 2015, Richemont's Net-a-Porter Group was merged with the YOOX Group in an all-share transaction. [11] [12] In August 2022, Richemont announced the prospective sale of a 47.5% stake in Yoox Net-a-Porter (YNAP) to Farfetch in exchange for Farfetch shares, and the sale of a 3.2% stake to Mohamed Alabbar. [13]