Net-a-Porter merger with Yoox: marriage of very different high-end fashion sellers
While one presents a chic edit of beautifully shot and styled designer pieces, the other – to the unitiated – appears to offer a more chaotic shopping experience
While one presents a chic edit of beautifully shot and styled designer pieces, the other – to the unitiated – appears to offer a more chaotic shopping experience
Net-a-Porter is adding beauty shopping outlet “Beauty: The Quintessential Edit” After expanding its business to publishing, the online luxury fashion retailer Net-A-Porter moves into the realm of beauty. Beside access to the hottest looks of the season from international cutting-edge labels, Net-A-Porter will offer hard-to-find brands and a selection of perfumes, high-end skin care, makeup, … Read more
The web giant is intent on muscling in on the online fashion business. And many feel that, once the kinks are ironed out, success is inevitable
Chinese e-commerce platform Shouke Limited is set to be acquired by the London-based luxury online retailer Net-A-Porter.com, marking that company’s first major foray into the China market. The members-only Shouke shopping website was only one of many well-capitalized luxury e-commerce platforms to spring up in China in the last couple of years, and the country’s … Read more
The past week in luxury retail has underscored a sector in agile transition—strategically shedding what no longer serves, embracing cultural cachet, and redrawing the boundaries of what defines “luxury” for modern consumers. From De Beers’ decision to shutter its lab-grown diamond venture to ThredUp’s entry into the digital vintage pop-up space, the industry is signaling … Read more
The Future of Luxury Retail: Embracing Innovation with Richemont and Dubai Future Foundation. In an exciting development for the luxury retail sector, the Dubai Future Foundation (DFF) and Richemont, the Swiss luxury brands conglomerate, are ushering in a new era of retail experience. They’ve launched a global call for innovators and entrepreneurs to reimagine the … Read more