The president of YNAP’s fashion division, in charge of Yoox and The Outnet, explained to FashionNetwork.com how Yoox became a leading fashion and luxury e-tailer, and talked about the impact of the Covid-19 pandemic.
YNAP has announced the launch of a new programme to boost development of AI-based technologies designed to transform the e-tail experience. That will include features such as visual search and virtual try-on.
Richemont mixed good news with bad on Friday as it delivered its full-year results, with the giant luxury group reporting resurgent demand in China on the reopening of its stores, but also a profits plunge.
An investor group that comprises investment firm Mudrick Capital Management and hedge fund Third Point plans to challenge a $600 million financing package that Neiman Marcus has lined up for its looming bankruptcy.