Yoox Net-A-Porter Group has opened a new Tech Hub in London, which it says reaffirms its commitment to London and investment in the UK as well as its aim to double the size of its business by 2020 using tech such as AI.
The fashion tradeshow, which came to a close in Milan, strengthened this edition with more than 300 exhibitors on show and a host of special projects targeted at international guests. However, Italian numbers were down.
Isabel Marant is the latest designer name to link with luxury fashion e-tail giant Yoox Net-a-Porter and has launched an online store in a partnership deal as it seeks to make e-sales 5% of its total within two years.
Rumours swirling around Condé Nast’s luxury e-commerce portal style.com have been confirmed with the media giant closing it down as it strikes a new deal to commercialise its content via fast-expanding farfetch.com.