YOOX and Net-a-Porter Reprise Merger Talks
2015 continues to look a profitable year for Net-a-Porter, who after fresh speculation of an Amazon
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2015 continues to look a profitable year for Net-a-Porter, who after fresh speculation of an Amazon buyout, has resumed talks with Italian e-commerce outlet YOOX for a potential merger. Natalie Massenet’s billion-dollar baby (valued around $1.65 Billion USD, to be specific) was in negotiations with YOOX over a year ago, but is in “better shape today than it was a year and a half ago” to close a deal, according to close sources. This all comes in an effort on both parties – despite their individual successes – to stave off burgeoning competition. Look for more news on this deal as the story develops.