Luxury ecommerce platform’s decision comes at a time of weaker economic momentum in the mainland
Private equity firms Bain Capital and Permira also interested in lossmaking ecommerce business owned by Richemont
Farfetch and Yoox Net-a-Porter suffer as high-end brands boost their online offerings
The theory that luxury goods lend themselves to online retailing remains unproven
Activists saw Yoox Net-a-Porter as an unprofitable distraction for Richemont
Swiss luxury group hit by delayed plan to sell stake in ecommerce business and slowing revenue growth in China
Yoox Net-a-Porter has lost market share to rivals and become a sore point for investors
Geoffroy Lefebvre named CEO as competition from brand websites and online marketplaces stiffens
Cartier owner offers no financial guidance but says China offers bright spot
The pandemic has turned grooming routines and beauty behaviours upside down. But what are the new consumer priorities, AI innovations and products to come out of the antiviral age?
‘Chat commerce’ and VIP sites seek to rival high levels of customer service found in physical retail
From Burberry Bespoke to Gucci DIY, brands are offering customers more ways to stand out
A beloved boss who drove Net-a-Porter’s early success
Federico Marchetti eyes growth under Richemont and sets his sights firmly on China
New data rules should help combat fraud and benefit incumbents
Net-a-Porter offers personal shopping for wealthier clients via WhatsApp
The premium being offered by the Swiss luxury group seems toppy at first glance
Swiss luxury group looks to shake up internet strategy as consumers go online
The site faced stiff resistance from brands when it first courted them
YOOX Net-a-Porter chief says company's future is on mobile devices
Italian e-retailer points to recent sales of expensive watches
Deal comes as competition increases among luxury etailers
UK Edition
