Your browser is no longer supported. For the best experience of this website, please upgrade to a newer version or another browser.

Your browser appears to have cookies disabled. For the best experience of this website, please enable cookies in your browser

We'll assume we have your consent to use cookies, for example so you won't need to log in each time you visit our site.
Learn more

Amazon ‘in talks’ to acquire Net-a-Porter

Amazon is reported to be in ongoing talks to acquire Net-a-Porter Group, five years after the etailer was bought by luxury group Richemont.

Analysts have speculated that Net-a-Porter could be worth up to €2bn (£1.47bn), according to WWD.com.

The move comes as Amazon ramps up its fashion focus, having most recently announced it will be the presenting sponsor of New York Fashion Week: Men’s, in July. In the UK, the company is set to open a 46,000 sq ft photography studio in east London this summer to support its growing European fashion business.

Richemont’s chief financial officer has previously denied that the company is for sale and a spokesman declined to comment on the most recent developments. Amazon has not yet responded to Drapers’ request for comment.

@Tara_Hounslea

Have your say

You must sign in to make a comment

Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions. Links may be included in your comments but HTML is not permitted.