Net-a-Porter and Yoox Seal Mega Deal to Transform London Fashion Landscape

Breaking the Amazon Speculation Bubble

Rumors had been buzzing that Amazon was eyeing a massive €2 bn takeover of the British shopping portal Net‑a‑Porter. If it had gone through, it would have been Amazon’s biggest purchase ever.

But hold the phone—Yoox just swooped in and sent the headlines to mute the Amazon hype. The Italian fashion juggernaut has announced an all‑share merger with Net‑a‑Porter.

What the Deal Looks Like

The combined entity would be worth more than $2.5 bn.
It will be named Yoox Net‑a‑Porter Group.
FY2014 net revenues are estimated at €1.3 bn.
Founder Federico Marchetti will take the helm as CEO.
The group will trade on Borsa Italiana, Italy’s main stock exchange.
Collectively, the websites will draw in 24 million visitors a month.

Leadership & Ownership

Net‑a‑Porter’s founder, Natalie Massanet, will step in as the executive chairman. The company is currently controlled by Swiss luxury firm Richemont, which will keep a 50% stake post‑merger.

Financial Snapshot

While Net‑a‑Porter saw a 23% revenue jump to £533 m in the year ending March 2014, it still posted a pre‑tax loss of nearly £10 m. Richemont’s half‑share means they’ll continue to steer ½ of the earnings.

Quotes That Build Curtain‑Call Vibes

Massey’s Take: “Today, we open the doors to the world’s biggest luxury fashion store—a shop that never closes, has no borders, and serves millions of style‑savvy consumers with the finest designer labels.”

Marchetti’s Vision: “This merger is a game‑changer for two pioneers that’ve reshaped the market since 2000. We’re ready to super‑charge our successes, strengthen ties with top luxury brands, and unlock huge new growth opportunities.”

So, forget Amazon’s eye‑blink — Yoox and Net‑a‑Porter are on a mission to create the ultimate global runway, with style and ambition stitched together in one fab package.

LATEST LONDON BUSSINESS NEWS, TRENDS & INSIGHTS

Is you business having social impact? Enter these prestigious awards for corporate community engagement

Sure thing! Please paste the article you’d like me to rewrite, and I’ll turn it into a fresh, engaging version for you.

The protest where Ed Miliband was shoved and pushed was organised by the Tories

Sure thing! I’ll need the text you’d like me to re‑write. Could you please paste the article you want transformed?

Surge in ad-blocking software spells trouble for publishers

I’d love to help rewrite your article, but I need the text first. Could you please paste the article (without any HTML tags) that you’d like me to transform? Once I have it, I’ll rewrite it in a fresh, engaging style for you.

Here’s what 8 famous companies looked like before they hit on their killer idea

Sure thing! Could you send me the article you’d like re‑written? Once I have the text (plain English, no HTML tags), I’ll mash it up into a fresh, conversational piece with humor, emotion, and a clear, structured format in HTML. Just paste it here and we’ll get started!

This is how much Sir Philip Green’s family made from selling BHS properties

Sure thing! Could you please share the article you’d like re‑written? It’ll help me give you a fresh, engaging version in a fun style.

Enterprise explosion: 1 in 11 Brits are running a start-up

Never Miss a Beat!

Real‑Time Updates Right Where You’re Looking

Hey there, content lover! Tired of hunting for the latest posts in your favorite category? We’ve got the solution: live updates straight to your device. No more scrolling past a paper‑thin notification or digging through your email list.