Tag: merger

Sainsbury’s takeover of Argos approved

Sainsbury’ planned takeover of Argos has received clearance from the UK Competition and Markets Authority clears the way for Sainsbury’s to create a multichannel giant that has been suggested could rival Amazon in the UK.

Chanel leads the way with digital pop-up store

The importance of the pop-up store is rolling out into the digital space, with news that from April 15th Chanel will be launching a pop-up digital store on Net-a-Porter.com, making the brands products available online for the first time

Yoox and Net-a-Porter merge to create the world’s largest fashion site

In a year that’s seen e-commerce upstarts like V-Files bring young designers to the forefront, and Farfetch become a rare fashion retail ‘unicorn’ after being valued at $1 billion, commentators have been waiting for a shake up amongst the industry’s biggest players. That shake-up came when Richemont SA confirmed it will merge Net-a-Porter with Italian rival Yoox SpA.