Net-a-Porter Merges With Yoox Creating Online High Fashion Giant

March 31, 2015 6:24 AM

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London-based web fashion firm Net-a-Porter agreed to merge with Italian online retailer Yoox Group, according to an announcement on Tuesday.

After both companies confirmed they were in talks on Monday, Net-a-Porter’s Swiss parent company Richemont Richemont said that it had entered an agreement with Yoox in an all-shares transaction that could create a combined company that is worth more than $2.5 billion. The deal is conditional on the ...

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