Yoox news and archive

Yoox redundancies significantly reduced following MIMIT agreement

The collective redundancy procedure affecting Yoox employees has been withdrawn after an agreement reached at Italy’s Ministry of Enterprise and Made in Italy (MIMIT), substantially lowering the number of job losses. The settlement has reduced the planned structural redundancies by approximately 70 positions, marking a major improvement over the...

FeaturedMember

Business

LuxExperience: Mytheresa increases quarterly revenue by 12 percent

Online fashion retailer Mytheresa achieved a double-digit revenue increase in the first quarter of the 2025/26 financial year and significantly improved its earnings. This information was published by parent company LuxExperience B.V. in an interim report on Wednesday. The group also reported progress in integrating the Yoox Net-a-Porter (YNAP)...

Member

Business

LuxExperience puts 700 jobs at risk as it plans to consolidate multiple divisions

LuxExperience, the multi-brand group formed following Mytheresa’s takeover of Yoox Net-a-Porter (YNAP), has said 700 jobs could be at risk as it plans to merge the operational and administrative structures of the YNAP brands. In a press release, the company announced that select structures within the luxury segment comprising Net-a-Porter and Mr...

FeaturedMember

Business

Differentiation and consolidation: How LuxExperience aims to become most successful e-commerce player

LuxExperience is on track to establish itself as a leading player in global luxury e-commerce. Following Mytheresa’s acquisition of Yoox Net-a-Porter (YNAP), which was completed on April 23, the newly formed parent company is already the largest provider in terms of company size. However, the group, previously known as MYT Netherlands Parent BV,...

Member

Business

Mytheresa secures regulatory clearance for YNAP acquisition

German e-tailer Mytheresa has said that it has received clearance to acquire Yoox Net-a-Porter (YNAP) from the European Commission. With this, the company has now secured all necessary approvals from regulatory authorities to move forward with the sale and plans to close the transaction by April 23, 2025. Mytheresa had first announced its...

Member

Business

Mytheresa among bidders for Yoox Net-a-Porter

Online retailer Mytheresa is understood to be among the potential bidders looking to snap up rival e-commerce business Yoox Net-a-Porter (YNAP) from luxury group Richemont. According to sources for the Financial Times (FT), German-based Mytheresa is in competition with private equity firms Bain Capital and Permira for the struggling e-tailer....

Member

Business

Yoox Net-a-Porter and The Prince’s Foundation announce third edition of "The Modern Artisan"

Fashion retailer Yoox Net-a-Porter, together with The Prince’s Foundation, has announced the third edition of their talent programme “The Modern Artisan”. The Modern Artisan programme grants participants with a nine-month paid training programme, three of which will take place at the Yoox Net-A-Porter offices in London, followed by six months of...

Member

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...

Member

Business

Yoox introduces homeware and art category to marketplace

Yoox has expanded its marketplace range to now include a new Home Décor and Art category, as its owner Net-a-Porter looks to transition to a “hybrid operating model” that enhances customer experience. The product category initially launched through Net-a-Porter in 2006, offering a curation of art and design products from home and design...

Yoox Net-a-Porter launches responsible collection crafted by students

Yoox Net-a-Porter has teamed up with The Prince’s Foundation to launch a responsible ready-to-wear luxury womenswear capsule collection, designed and handcrafted by students. The 13-piece capsule marks the culmination of the second edition of The Modern Artisan, Yoox Net-a-Porter’s and The Prince’s Foundation’s flagship training programme, which...

FeaturedMember

Business

Cos steps into wholesale as it partners with Nordstrom, Breuninger, Yoox

London-based fashion brand Cos is stepping into wholesale this autumn with the announcement it has partnered with three international retailers as part of its ongoing growth strategy. The brand, which is owned by Swedish fashion giant H&M, is linking up with Nordstrom in the US, where it will be sold online as well as in four stores across New...

Member

Fashion

8 by Yoox launches Tales of Africa project

Yoox-owned label 8 by Yoox has revealed its new project, Tales by Africa, dedicated to artisanal and African culture and will include capsules created by six designers from the African continent. Set to become available from the beginning of May, the collections include ready-to-wear pieces, bags, accessories and footwear. Each of the designers...