Yoox Net-a-Porter Group's asset
Yoox Net-a-Porter Group

@ynap.com

Yoox Net-a-Porter Group is the global Internet retailing partner for leading fashion and luxury brands.

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Yoox Net-a-Porter Group is a leading online luxury fashion retailer based in the United Kingdom. The company was formed in 2015 through the merger of Yoox Group and Net-a-Porter Group. Yoox, founded in 2000 by Federico Marchetti, started as an online retailer focused on selling end-of-season fashion and luxury brands. It quickly gained popularity and expanded its offerings to include a wide range of designer clothing, accessories, and lifestyle products. Net-a-Porter, founded in 2000 by Natalie Massenet, distinguished itself as a premier online luxury fashion destination, offering high-end designer brands. The merger of these two companies resulted in the creation of a powerhouse in the online luxury fashion market. The company's headquarters are located in London, United Kingdom. The building, known as The Village, is a modern, stylish space that reflects the company's commitment to fashion and luxury. The headquarters also house state-of-the-art technological infrastructure to support the company's global operations. Yoox Net-a-Porter Group operates globally, serving customers in over 180 countries. The company offers an extensive range of high-end fashion products, including clothing, shoes, bags, accessories, and beauty products. It operates through multiple online platforms, including Yoox.com, Net-a-Porter.com, The Outnet, and Mr Porter, catering to different customer segments and price points. The company has several noteworthy subsidiaries, joint ventures, and partnerships. In 2017, it entered into a joint venture with Alibaba Group to create a luxury e-commerce platform, Yoox Net-a-Porter Group and Alibaba's Tmall Luxury Pavilion. This partnership allows the company to tap into the growing luxury market in China. Additionally, the company collaborates with various fashion designers and brands to create exclusive collections and limited-edition products. Yoox Net-a-Porter Group holds a strong market position in the global luxury fashion retail industry. It reported consolidated net revenues of €2.1 billion in 2020, showcasing its substantial global sales. The company faces competition from other online luxury retailers like Farfetch, MatchesFashion, and Mytheresa. However, its reputation for offering a wide selection of luxury products and exceptional customer service gives it a competitive advantage. Over the years, Yoox Net-a-Porter Group has achieved significant milestones. One notable event was the acquisition of premier menswear e-commerce platform Mr Porter in 2010, which strengthened the company's presence in the luxury menswear market. Another milestone was the partnership with British luxury fashion brand Burberry in 2018 to create an augmented reality shopping experience on the Burberry app. As of the latest available information, Yoox Net-a-Porter Group continues to thrive as a leading online luxury fashion retailer. The company remains dedicated to delivering a seamless online shopping experience and expanding its global reach. Through strategic collaborations and partnerships, it aims to maintain its position as a trendsetter in the luxury fashion industry.

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Company Type

Public Company

Company Size

5001-10,000

Year Founded

2000

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