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Alibaba Buzz Lifts Italian Fashion Retailer’s Stock

June 27, 2017
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Alibaba Buzz Lifts Italian Fashion Retailer’s Stock

June 27, 2017
After a successful merger last fall, Italian-based online fashion retailer Yoox Net-A-Porter is reaping rewards. On reports that China-based eCommerce marketplace Alibaba is interested in buying a majority stake in the company, Yoox Net-A-Porter’s stock has seen a bump. On Monday, the retailer’s shares closed up nine percent. Yoox Net-A-Porter has not commented, but many are […]