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This article was published March 30, 2015 at 24:49.
The last change is the March 30, 2015 at 13:33.
Fly Yoox Piazza Affari. The title struck a rise of 8% and returned to bargaining after several suspensions for excessive upward. A push now bolognese online fashion sales are rumors of a possible merger with Net-a-Porter, the French group active in eCommerce luxury clothing.
“Discussions are ongoing with Compagnie Financière Richemont for a possible business combination between Yoox and The Net A Porter. The company reserves the right to provide updates to the market as soon as possible, “Yoox has confirmed in a press release.
The two companies of e-commerce for two years now in contact to study a merger which however has never found the final agreement especially for reasons related to the price. According to press rumors, Yoox is considering an operation that would lead to being Richemont reference shareholder of the new luxury pole online.
The industry is still in turmoil: in recent days had spread rumors of an interest in Net-a-Porter by Amazon. The subsidiary of Richemont, which he acquired in 2010, has a turnover of about 700 million euro. Net-a-Porter, founded in June 2000 and based in London, has today an average of 2.5 million visitors per month. Richemont, the Swiss holding company listed on the Zurich stock exchange, check-known luxury brands such as Cartier and Piaget.
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