YNAP news and archive

Five years on: How AI and eco-values have defined 8 by Yoox

Back in 2018, the topic of artificial intelligence (AI) was not a one creative industries such as fashion were entirely familiar with. Yoox, however, was among the few preparing to step into these unchartered waters. It was during this period that the Italian fashion retailer launched its innovative fashion brand 8 by Yoox, which took the...

Fashion |Interview Featured

Mr Porter buying director: Men becoming more open to try new styles, fabrics and shapes

Mr Porter is one of the leading international online retailers when it comes to luxury menswear. The platform, which is part of Italy’s Yoox Net-A-Porter Group (YNAP), of course offers top luxury brands such as Tom Ford and Saint Laurent, but it also carries up-and-coming talents such as Miles Leon and Manaaki. In this interview, Daniel Todd,...

Business

UK watchdog launches investigation into Richemont's sale of YNAP to Farfetch

The UK’s Competition and Markets Authority (CMA) launched a probe into Richemont’s sale of e-commerce businesses Yoox Net-a-Porter (YNAP) to Farfetch, and if they may pose unfair competition. The CMA has invited comments on the transaction from any interested party, as it takes a deep dive into the merger situations, which is regulated by the...

Business

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...

People

YNAP appoints new regional general manager for Japan

Italian luxury retail group Yoox Net-a-Porter (YNAP) has named Philippe Larrieu as its new regional general manager for Japan. Larrieu joins from Clarins, where he was president and representative director for the company’s Japan business. Earlier in his career, he held various management roles at brands including Chanel and L’Oréal. In his new...

PeopleFeatured

YNAP names Alison Loehnis as interim CEO

Italian luxury retailer Yoox Net-a-Porter (YNAP) has announced Alison Loehnis as its new interim CEO, effective October 31. Loehnis joined Net-a-Porter in 2007 as vice president of sales and marketing, before working her way up the ranks to become president in 2011, and finally to her current role as president of Net-a-Porter, Mr Porter and The...

BusinessFeatured

Richemont to sell YNAP stake to Farfetch and Alabbar

Luxury conglomerate Richemont has confirmed that it is selling its stake in online fashion retailer Yoox Net-A-Porter (YNAP) to Farfetch and Alabbar, while also announcing its brands and YNAP will be switching to Farfetch Platform Solutions as part of its Luxury New Retail vision. Richemont said in a statement that Farfetch will acquire a 47.5...

BusinessFeatured

YNAP, Zalando and About You collaborate on a climate action initiative

Three of Europe’s largest online retailers Yoox Net-A-Porter, Zalando and About You are collaborating on a one-of-a-kind climate action plan to reduce carbon emissions within their value chains and across the fashion industry. The unique industry collaboration will see the three retailers launching a bespoke online learning platform that will...

Retail

Mr Porter expands luxury watch category

Menswear e-tailer Mr Porter is expanding its luxury watch offering. The company, owned by Yoox Net-a-Porter (YNAP), is introducing a selection of 12 rare vintage timepieces curated by ex-Christie’s specialist and Wind Vintage founder Eric Wind. The watches span from the 1940s to the 1990s and include the Rolex GMT-Master 16750 and the Heuer...

Business

Richemont shares plummet after expectations omit YNAP sale

Share in Richemont fell sharply on Friday, the lowest in two years since the pandemic, after the luxury group missed expectations and failed to address the uncertainty regarding its divestment of YNAP, the online luxury and discounting sites. Last year discussions emerged with Farfetch as a possible contender, but complications with various...

Business

YNAP expands resale offering to menswear

Italian luxury group Yoox Net-a-Porter (YNAP) is expanding its resale offering with the launch of a second-hand fashion service for its menswear retailer, Mr Porter. It comes on the heels of the rollout in recent months of Net-a-Porter’s womenswear resale offering to Hong Kong, Germany, the US, and UK. YNAP, in partnership with resale technology...

Business

YNAP suspends shipping to Russia, Vogue Ukraine calls for export embargo

E-commerce fashion giants Net-a-Porter, Mr Porter and Yoox have suspended shipping to Russia. A notice on their respective Russian websites reads: “Due to the current situation, we are unable to complete any new orders in your country. All order fulfillment has been suspended until further notice,” written in both Russian and English. YNAP,...