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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.
Mark Sebba (1948–2018) was a British fashion entrepreneur, and CEO of Net-a-Porter from 2003 to 2014. [1] [2] During his time at Net-a-Porter, Sebba launched The Outnet, Mr Porter, the in-house clothing brand Iris & Ink, and the magazine Porter. [1] Sebba was a trustee of the Victoria and Albert Museum. [1]
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]
But Net-a-porter and Sotheby’s are bringing the two together as part of a new partnership. Sotheby’s has opened the doors of its Bond Street flagship to Net-a-porter, which will be hosting a ...
Why Net-a-Porter is the world’s premier luxury fashion destination August 3, 2020 at 2:04 PM Click here to shop: https://fave.co/2DiSA8P Our team is dedicated to finding and telling you more ...
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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The 2024 United States port strike was a labor strike involving over 47,000 port workers who are part of the International Longshoremen's Association (ILA), impacting 36 ports across the United States primarily along the East Coast and the Gulf Coast.