YNAP
This coverage examines YOOX Net-a-Porter (YNAP) and its evolution within the UK luxury retail landscape. Previously a significant player in online luxury fashion, YNAP has undergone substantial changes, including its acquisition by Mytheresa in 2025. The newly formed entity, LuxExperience, encompasses brands such as Net-a-Porter, Mr Porter, YOOX, and The Outnet. This restructuring aims to streamline operations by separating luxury and off-price segments, enhancing customer experience, and fostering brand autonomy.
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Nov- 2023 -29 NovemberLuxury Goods
Farfetch owner eyes taking business private as it delays results
The owner of luxury fashion site Farfetch, José Neves, is reportedly planning on taking the company private just five years after it floated on the New York Stock Exchange, according to The Telegraph. Since its listing in 2018 Farfetch has seen 90% of its value wiped out, as such Neves…
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Oct- 2023 -23 OctoberNews
Today’s news in brief-23/10/23
John Lewis is facing criticism from city planners over its affordable housing plans. Initially, the company aimed to make 20% of the housing in its Bromley development affordable. However, recent revelations indicate that only 10% of the flats will be designated as affordable. The Greater London Authority’s Planning Unit deems…
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23 OctoberOnline & Digital
European authorities greenlight Farfetch’s YNAP acquisition
Online retailer Farfetch has officially been given the green light by European authorities to acquire a large stake in Yook Net-A-Porter (YNAP). The European Commission unconditionally cleared its acquisition of a 47.5% stake in YNAP from Richemont, the owner of Cartier. It was the last regulatory authority required to provide…
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Nov- 2022 -16 NovemberLuxury Goods
Richemont sees sales surge but performance hampered by YNAP loss
Luxury jewellery retailer Richemont has reported strong sales and profit increase for the first half of the year but the performance was overshadowed by the impact of its disposal of Yoox-net-a-Porter (YNAP) The company, which owns brands such as Cartier and IWC Schaffhausen, made nearly €9.7bn (£8.5bn) this half year…
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Oct- 2022 -12 OctoberHigh Street
Yoox Net-a-Porter announces interim CEO
Yoox Net-a-Porter has announced it has appointed Alison Loehnis as interim CEO, effective 31 October 2022, replacing Geoffroy Lefebvre who has decided to step down to pursue a private equity-backed entrepreneurial career outside of Richemont after 11 years with the group. Loehnis is currently president of the company, having joined…
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Aug- 2022 -24 AugustClothing & Shoes
Richemont agrees deal to offload YNAP stake to Farfetch
Richemeont has revealed it has agreed a deal to offload a majority stake of its e-commerce unit Yoox-Net-A-Porter (YNAP) to Farfetcth and Emirati investor Alabbar. The deal will see Farfetch and Alabbar acquire a 47.5% and 3.2% stake respectively in YNAP, and the agreement for Richemont and YNAP each to…
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Nov- 2018 -27 NovemberLuxury Goods
Kering to take e-commerce in-house by 2020
Luxury fashion house Kering has announced it is to bring its e-commerce entirely in-house by 2020. The company that owns brands such as Gucci, Yves Saint Laurent, Alexander McQueen and Balenciaga will leverage its in-house technology and operations team to fully internalise the e-commerce activities currently handled through its joint…
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Oct- 2018 -26 OctoberOnline & Digital
Richemont and Alibaba partner to bring Net-a-Porter to China
Richemont, the Swiss luxury goods group, and Alibaba Group has announce a global strategic partnership to bring Yoox Net-A-Porter (YNAP) to Chinese consumers. Under the partnership, YNAP and Alibaba will establish a joint venture to launch two mobile apps for Net-A-Porter and Mr Porter multi-brand, in-season online stores for consumers in China.…
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Aug- 2018 -29 AugustClothing & Shoes
YNAP to launch first own-brand footwear collection
Yoox-Net-A-Porter Group (YNAP) has announced that its own-brand label for mens fashion, Mr P., which will launch this September alongside the brand’s first foray into footwear and accessories. YNAP said the Mr P.’s footwear line will provide a range of designs that form the “building blocks of every man’s…
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Apr- 2018 -23 AprilOnline & Digital
Yoox Net-A-Porter launches fine jewellery platform
Online fashion retailer Yoox Net-A-Porter (YNAP) has launched its first dedicated online destination for fine jewellery and luxury watches. The platform, part of the Net-A-Porter website, features a fine jewellery collection from more than 40 brands, including Piaget, Cartier, Pomellato, Tiffany & Co and Buccellati. Customers will also be able…
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