The online luxury fashion brand Net-a-Porter has entered the resale fashion market, Green Queen reported. The company is working with the B2B secondhand market technology provider Reflaunt on a service that lets customers resell designer goods, according to the report. The project will ultimately cover...
Entrepreneurs are, as a rule, pretty excited about their ideas. They almost have to be, since the journey from idea to instantiation is arduous under the best circumstances. Only a true believer is likely to ever make it across the finish line, as the less...
The retail industry is in transition, with the ever-growing eCommerce sales pushing brick-and-mortar stores to revamp the consumer experience. As a result, we’ve seen various large retailers either integrate technology into stores, file for Chapter 11 bankruptcy or close a large chunk of stores. In...
Having previously declined a (reported) attempted buyout from Amazon in favor of merging with Italian retail firm YOOX, the resultant YOOX NET-A-PORTER GROUP (YNAP) has now teamed up with a big technology player. It was announced yesterday (March 7) that the online luxury fashion retailer is...
October 11, 2024
The luxury goods market is witnessing a notable trend toward strategic partnerships. Rather than retreating in the face of challenges, industry players are doubling down on collaboration to fortify their positions. This week, Mytheresa announced its acquisition of YNAP from Richemont, with the goal of creating a leading global digital luxury group. This move will […]
November 04, 2021
The online luxury fashion brand Net-a-Porter has entered the resale fashion market, Green Queen reported. The company is working with the B2B secondhand market technology provider Reflaunt on a service that lets customers resell designer goods, according to the report. The project will ultimately cover all Net-a-Porter’s platforms, including Mr Porter and The Outnet, and […]
August 03, 2017
The retail industry is in transition, with the ever-growing eCommerce sales pushing brick-and-mortar stores to revamp the consumer experience. As a result, we’ve seen various large retailers either integrate technology...
March 08, 2016
Having previously declined a (reported) attempted buyout from Amazon in favor of merging with Italian retail firm YOOX, the resultant YOOX NET-A-PORTER GROUP (YNAP) has now teamed up with a big...
January 29, 2016
When it comes to delivery, “fast” isn’t fast enough anymore for a lot of consumers. A recent story in The Wall Street Journal takes a look at how — thanks in large...
