Net-a-Porter resumes merger talks with Yoox
Billion dollar baby
Following reports that may be bought out by global giant Amazon, luxury eCommerce leader Net-a-Porter is back in the news after sources have speculated that it has reopened its merger talks with Yoox.
Natalie Massanet's billion dollar baby – which is worth an impressive $1.65 billion – has reopened its merger potential with Italian online shop Yoox. According to an article published by the Business of Fashion, online fashion retailers Yoox and Richemont's Net-a-Porter are trying to resuscitate merger talks that took place more than a year ago to better fight cut-throat competition, industry sources say.
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