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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.
[6] [14] [16] In 2011, a menswear site Mr Porter was established; beauty was added to the site in early 2013 under the leadership of David Olsen. [19] As of September 2013, Net-a-Porter employed 2,600 people in the UK, US and Hong Kong, with further offices in Shanghai and fulfilment centres on the outskirts of three cities.
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]
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In 1987, Susanne and Christoph Botschen opened the "Theresa" boutique in Munich city center, where they sold designer fashion for women. In 2006, the couple supplemented the physical store by founding an online store, Mytheresa, which offers ready-to-wear, shoes, accessories, and fine jewelry from more than 250 designers.
Draper James and Net-a-Porter announced a partnership in May 2017. [19] In September 2017, Taylor Rettig replaced Hyde as the company's CEO. [20] Draper James hired Kathryn Sukey as the new head of design, whose first collection debuted [21] in Spring of 2019. Sukey also designed the first in-house plus size collection for the brand.
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