Yoox Net-a-Porter secures strategic investment

Yoox Net-a-Porter is a luxury e-commerce company, which was renamed by the Italian luxury e-commerce company Yoox in March 2015 from the Swiss Richemont Group’s acquisition of the British luxury e-commerce company Net-a-Porter through a share swap. It was listed on the Milan Stock Exchange in October 2015, with a market value of about 3.7 billion euros. Recently, Richemont Group announced that it has reached an agreement with the luxury e-commerce company Farfetch. Farfetch will acquire a 47.5% stake in Richemont’s luxury e-commerce company YNAP (Yoox Net-A-Porter). The initial stage of the transaction is expected to be completed before the end of 2023. .

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