One hundred countries. Thirty-five stores. Five hundred employees. Countless vendors. Documented 99 percent on-time deliveries. “It really is a Swiss watch,” says Federico Marchetti, ceo of Yoox Group, the complicated, multitiered online retail concept he launched 12 years ago, as a forward-thinking graduate of Columbia Business School.
Marchetti started with a single store, the multibrand fashion site yoox.com. In early March, shoescribe.com, the Group’s most recent endeavor, went live. In between saw the launches of the fashion-forward, multibrand thecorner.com, and sites for 32 brands with which Yoox has partnered. These include Zegna, Diesel, Jil Sander, Valentino, Marni, Dolce & Gabbana, Moncler and Giorgio Armani, the last three launched in the second half of last year. The Bologna-based Yoox Group went public in 2009—Italy’s only IPO that year—and analysts now value it at $480 million.
“I see things on the hanger and I’m, like, ‘I never knew that color worked on me.’ It’s things you necessarily wouldn’t choose to wear, but once you put them on, you see why Janie is who Janie is." — Lily Collins on working with former "Mad Men" costume designer, Janie Bryant on creating looks for her role as Celia Brady's in Amazon series, "The Last Tycoon." 📸@jilliansollazzo #wwdeye
EXCLUSIVE: Sarah Rutson has been tapped to Build New American Fashion Group. The parent of Joie, Equipment and Current/Elliott hired the merchant to rev up its brands and expand its portfolio into designer, beauty and lifestyle categories. Read more on WWD.com, link in bio. #wwdfashion
Michael Kors' $1.3B Jimmy Choo deal has the company squaring off with Coach Inc. as both seek to build American powerhouses. Coach bought Stuart Weitzman in 2015 and Kate Spade just two weeks ago, but Michael Kors' acquisition may be putting pressure on its rival in the new push for scale. #wwdnews (📷: George Chinsee)
Meet actress Lucy Boynton, who plays opposite Naomi Watts in the recently released Netflix series "Gypsy." Boynton stopped by WWD to talk about her upcoming projects and her nomadic lifestyle. Get all the details on WWD.com. #wwdeye (📷: @dandoperalski)