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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.
The following month, Farfetch began seeking other offers to purchase the company including one from Carmen Busquets, a cofounding investor of Net-a-Porter. [28] The deal to purchase YNAP Group from Richemont fell through in December 2023 following the precipitous drop in Farfetch's market capitalization and continued losses. [29]
Tom Chapman and Ruth Chapman opened the first store in Wimbledon Village in 1987, and opened an online store in 2007. [2] In 2012, the Chapmans sold a £20,000,000 stake to venture capital firms to help build its online presence. [3] In 2017, the founders sold the business to private equity firm Apax for an estimated £400 million. [4]
Earlier this month, luxury fashion e-tailer Net-a-Porter launched Jet-a-Porter, a shop featuring the ultimate curated summer vacation wardrobe — taking both trends and a variety of destinations ...
Net-a-Porter has all of the luxury products you are looking for! Click here to shop: https://fave.co/2DiSA8P Our team is dedicated to finding and telling you more about the products and deals we love.
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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