Richemont said it was in advanced talks with Farfetch as it seeks to turn its loss-making Yoox-Net-a-Porter (YNAP) business into a neutral, industry-wide platform, with no controlling shareholders.…
.
Your one-stop source for retail intelligence in Asia
Kering’s new digital strategy announced
Kering plans new initiatives to enhance the Group`s omni-channel capabilities and further develop its Houses’ digital activities.…
Yoox Net-A-Porter to sell luxury products via WhatsApp
By becoming one of the first companies to use WhatsApp to sell directly to customers, Yoox Net-a-Porter is seeking a leg up on competitors like Farfetch and luxury brands’ own sites.…
Yoox Net-a-Porter strikes Middle-Eastern joint venture
Yoox Net-a-Porter has struck a €130m (£110.9m) joint venture with Dubai-based tycoon Mohamed Alabbar as the online luxury retailer sets its sights on big spenders in the Middle East.…