Richemont signed a strategic partnership with Alibaba Group to bring the retail offerings of YNAP to Chinese consumers via Fengmao. A year later, Net-a-porter opened its flagship on Tmall's Luxury ...
As part of its exit, owner Yoox Net-A-Porter's joint venture with Chinese ecommerce giant Alibaba will be terminated on 20 March, after which Chinese customers will not be able to place orders.