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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 ...
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]
In 2015 his company merged with Net-A-Porter, changing the name of the firm to YOOX Net-A-Porter Group, becoming the largest e-commerce fashion company in the world, and in 2018 the company was acquired by Richemont. [10] In 2016, YOOX Net-A-Porter Group and Symphony, an entity controlled by Mohamed Alabbar’s family, established a joint ...
In October 2024, it was announced that Mytheresa would acquire Richemont's online luxury fashion and accessories business Yoox Net-A-Porter (YNAP), subject to regulatory approval, in exchange for Richemont acquiring a 33% equity stake in Mytheresa.
In 2010, Busquets exercised her controlling rights and was instrumental in the successful sale of Net-a-Porter to Richemont Group for £350 million. Busquets retained a 2.3% shareholding in the business until the Yoox Net-a-Porter merger in 2015. [ 23 ]
Template:Richemont; Y. YOOX Net-a-Porter Group This page was last edited on 26 December 2020, at 20:06 (UTC). Text is available under the Creative ...
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 ...
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]
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