Home Richemont to merge Net-A-Porter with Yoox
 

Keywords :   


Richemont to merge Net-A-Porter with Yoox

2015-03-31 11:47:33| Footwear - Topix.net

Cie. Financiere Richemont SA plans to combine its online fashion retailer Net-A-Porter with Italian Web-based clothing company Yoox SpA in an all-stock deal that will create an Internet shopping giant with yearly revenue of more than $1.4 billion. Yoox Net-A-Porter Group will combine two of the biggest and best known websites for luxury clothing and accessories, a nascent-but-growing online market.

Tags: merge richemont netaporter

Category:Consumer Goods and Services

Latest from this category

All news

08.11Tech giants dominate U.S. streaming platform market
08.11Warner Bros. Discovery adds 7.2 million DTC subscribers in 3Q 2024
08.11Parents paying over the odds for baby milk, watchdog warns
08.11Sports fans driving global growth in streaming services
08.11TiVo OS footprint approaching one million activated Smart TVs
08.11The Entertainer axes new shops after Budget tax rise
08.11Harrods boss tells BBC he is 'dreadfully sorry' for Al Fayed abuse
08.11Nissan to lay off thousands of workers as sales drop
Consumer Goods and Services »
08.11Tech giants dominate U.S. streaming platform market
08.11Warner Bros. Discovery adds 7.2 million DTC subscribers in 3Q 2024
08.11Polyurea-Based Lining is Key to GRE Pipeline Rehab Project in UAE
08.11Parents paying over the odds for baby milk, watchdog warns
08.11Sports fans driving global growth in streaming services
08.11TiVo OS footprint approaching one million activated Smart TVs
08.11The Entertainer axes new shops after Budget tax rise
08.11Hurricane Rafael Graphics
More »