Alessandra Rossi has been named President, Off-Season at YNAP. She returns to the firm to run the giant Yoox and Outnet units. Meanwhile, the company also announced a new focus on expansion in the Asia Pacific region.
Dubai's Emaar Malls, operator of the Middle East's most glitzy shopping malls, has made an $800 million offer for Middle Eastern online retailer Souq.com, potentially setting up a bidding war with Amazon.com Inc.
Bebe will reportedly close its brick-and-mortar locations to be an online brand. The women's retailer said in February that it would close 25 stores, the latest U.S. brand to buckle under the shift toward e-commerce.
Fashion Network has learned that the French luxury conglomerate plans to launch its own e-commerce multi-brand store stocking all its luxury labels as well as other designer and accessible luxury brands.
Le groupe de vente de mode en ligne voit son bénéfice net ajusté bondir de 16 % en 2016, à 69 millions d’euros, et confirme le chiffre d'affaires proforma de 1,871 milliard d'euros (+12,4 %) publié le mois dernier.
Farfetch Group has tapped celebrated fashion pioneer, Natalie Massenet, who founded Net-A-Porter in 2000, as non-executive co-chairman. She will work together with CEO José Neves and focus on growing the brand globally.