JOINT VENTURE TO ACCELERATE GROWTH IN ONE OF THE WORLD’S FASTEST GROWING LUXURY MARKETS

INTEGRATES YNAP’S WORLD-CLASS BRANDS AND TECHNOLOGISTICS PLATFORM WITH MOHAMED ALABBAR’S UNRIVALLED
LOCAL LUXURY EXPERTISE

YOOX NET-A-PORTER GROUP S.p.A. (MTA: YNAP), the world’s leading online luxury fashion retailer, is delighted to announce a joint venture with Symphony Investments, an entity controlled by Mohamed Alabbar, to create the Middle East’s undisputed leader for online luxury retail, in a partnership that will draw on the region’s enormous growth potential.