Why Marketplace is King in Luxury Fashion 👕💎 - Farfetch Yoox Net-A Porter (YNAP) Deal

In this video I dig into Farfetch's deal to acquire Swiss luxury group Richemont’s 47.5% stake in Yoox Net-a-Porter. Farfetch will have options to acquire the remainder of YNAP. Of note as well is Neiman Marcus Group taking a minority investment into Farfetch a few months back. This is a great example of linear verses platform business models and the nuance around building a platform in industries with consolidation. I look at comments from Richemont’s chairman and founder Johann Rupert about how despite losing money on YNAP, he's happy to finally have some skin in the game on a marketplace in luxury fashion. #Farfetch #luxuryfashion #platformbusiness — 📚 Grab a copy of the Amazon Best Seller Modern Monopolies: https://amzn.com/B017RC8CBC ❓ Are you part of a large enterprise interested in spinning out a platform business? Connect with us here: https://resources.applicoinc.com/wta-contact/ 🎧 Listen to an audio version of the WTA Podcast here: https://anchor.fm/winnertakeall At Applico, we identify untapped, intrinsic assets that give existing enterprises an enormous advantage to spin-out new tech companies. WisdomTree licensed Applico's Platform Insights Data Product to aid in the creation of the PLAT ETF.