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YNAP fined 5.25 million euros by Italian watchdog for misleading pricing

Luxury pureplayer YNAP, which operates the Net-a-Porter and Yoox e-commerce businesses, was fined 5.25 million euros by Italy’s antitrust body. The hefty fine for misleading prices came as the etailer was alleged to limit the right to return merchandise purchased between 2019 and 2022. Shoppers experienced limited rights to return merchandise...

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Fashion Featured

Net-A-Porter to launch social network

Premium online retailer Net-a-Porter is set to launch its own social network, The Net Set, for its consumers to shop and socialise over their purchases. The Net Set app, taking its name from the exclusive ‘Jet Set’, will initially launch on an invite-only basis on May 13 for iPhone, iPad and the Apple Watch users, with a later Android app launch...

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