Net-a-Porter Selling 40 Brands on New Jewelry Site
Yoox Net-a-Porter, the high-end e-tailer, has opened a new section of its site that is dedicated to fine jewelry and watches, says JCK Online. It will feature more than 40 brands, including Piaget, Cartier, Pomellato, Tiffany & Co. and Buccellati. Cartier and Piaget are both owned by luxury conglomerate Richemont, the site’s part owner, which in January submitted a takeover bid for Yoox Net-a-Porter. According to Reuters, following the takeover, “the platform plans to do more in jewelry and high-end watches. The site hopes to do 100 million euros in jewelry and watch revenue by the end of 2020.