Net-a-Porter has confirmed its will launch an off price designer fashion website called theOutnet.com in April.
Net-a-Porter founder Natalie Massenet will buy in cancelled orders of designer goods and offer them direct to the consumer with discounts of up to 80%.
Details of the Outnet were first reported in Drapers last summer.
Natalie Massenet told The Sunday Times: “We are very excited about this. It’s time to give the Sale customer a place she can call her own.”
Register your interest at www.theoutnet.com.