The agreement between the two companies, both controlled by Compagnie Financière Richemont, is effective starting this month.

Moncler’s digital acceleration plans come at the natural expiration date of the luxury company’s contract with the Yoox Net-a-porter Group, after nine years. 

The new features of the Next Era model will be available on the armani.com web site from 2021, with full integration expected from 2022.

The chairman and ceo of the fashion e-tailer is the first non-family member on the board of the Italian luxury group.

While experts guarantee that COVID-19 is transmitted almost exclusive via respiratory droplets, companies are implementing measures to guarantee disinfected, safe products.

Chairman and ceo Federico Marchetti wrote to his employees saying he will continue to helm the company until the “return of calm waters” and the COVID-19 crisis is over.

Federico Marchetti will stay on as chairman.

Further developing business in China and the Middle East, the Next Era project and building on the omnistock system are key to the online retailer.

The launch marks the start of the Richemont and Alibaba JV, which has been named Feng Mao.

The former ceo of Giuseppe Zanotti and LVMH executive is one of a slew of new hires at YNAP.

Net-a-porter and Mr Porter are said to be launching on Tmall Luxury Pavilion on Sept. 30.

Sales in the three months to June 30 rose to 3.74 billion euros, although organic growth at constant exchange rates missed analysts’ targets.

The e-tailer’s ceo Federico Marchetti presented some of the latest technological advancements — including an avatar of the mayor.

A panel chaired by the company’s chairman and ceo Federico Marchetti and including Margherita Maccapani Missoni and Leandra Medine will name the winner.

Bernard plans to set up his own Paris-based consultancy in February, WWD has learned.