Agenda-setting intelligence, analysis and advice for the global fashion community.
With Farfetch rescued by Coupang and Matches by Frasers Group, the final loose thread from December’s luxury e-commerce drama is the fate of Yoox Net-a-Porter. Parent company Richemont has said very little about what it will do with its loss-making unit. Speculation ranges from a sale to a spinoff to shutting the whole thing down; perhaps Richemont will surprise us all and decide to keep the thing. That’s unlikely, but so was Farfetch getting saved from bankruptcy at the last minute by a Korean e-commerce giant that’s currently touting a sale on sweet potatoes on its homepage.
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