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Can Amazon Be the Amazon of Luxury?

Can Amazon Be the Amazon of Luxury?

Last week, after Richemont washed its hands of Yoox Net-a-Porter Group and mentioned in an investor call that there were some people interested in buying it, I started asking around regarding who those people might be. Most everyone suggested looking outside the industry, understandably—perhaps a private equity firm, like Bain Capital, etcetera. I know that one of the investors in Neiman Marcus Group had looked at Farfetch—bound to be sold off for parts at this point—so maybe they’d peek at YNAP, too? 

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