Retail News

Farfetch takes a big stake in Net-a-Porter

The New York Times 08/26/2022

Farfetch has reached a deal to acquire a 47.5 percent stake in Yoox Net-a-Porter from the Swiss luxury conglomerate, Richemont. Yoox-Net-a-Porter will use Farfetch’s online platform. Richemont will own an 11 percent stake in Farfetch once the deal is closed.

MORE ON THIS STORY...

MORE RETAIL NEWS HEADLINES...

Discussions
Check out RetailWire's Engaging Online Discussions Featuring Our Exclusive Braintrust!