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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 ...
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]
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 ...
[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.
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]
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]
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.
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