Yoox Net-A-Porter (YNAP) has named Natalie Lee as General Manager for the APAC region. She has extensive experience operating in APAC’s high-growth fashion and e-commerce sector and joins from Vestiaire Collective.
After a busy Christmas trading period for many retailers, now comes the downside. It’s that time of year when unwanted gifts are being returned, and this year’s tally could add up to £3.2 billion, says ParcelHero.
The challenges facing retailers at all price levels came into sharp relief Thursday. Shortly after Boohoo shocked us with a profit warning, luxury store Harrods announced the early launch of its winter clearance sale.
Net-A-Porter has linked up with Loewe to launch a collaboration capsule that underlines the ongoing importance of exclusives and collaborations, and is Loewe’s first-ever exclusive capsule created for a retail partner.
The famous Florentine luxury retailer has finalized the sale of a 40% stake to Italian investment fund Style Capital. Founder Andrea Panconesi, has retained his role as president, while Alessandra Rossi has become CEO.