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Latest Deal Buzz
BSkyB mulls a bid for Digital Plus04/07/2008
BA has bought French airline L'Avion03/07/2008
Sainsbury considers sale of pension scheme01/07/2008
Racal Acoustics looking at strategic options01/07/2008
Sun Capital to rescue struggling furniture retailer30/06/2008
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Net-a-Porter.com could be put on the market
12/05/2008

Natalie Massenet, founder of the online fashion retail business, Net-a-Porter.com, is thought to have ordered a strategic review of the business that might lead to a sale.

Natalie Massenet is a former Tatler journalist who set up Net-a-Porter eight years ago. The business now employs about 290 people in London and New York.

Stakeholders for Net-a-Porter include Richemont, the French luxury goods group, and Baywinds, a Venezuelan company. Massenet is understood to have a 17 per cent stake in the company.

It is thought that the online fashion business would reach a price of around £250m in a trade sale.

In the year to January 31 2007, sales at Net-a-Porter generated £37.2m, more than 50 per cent up on the year before.

It is understood that Net-a-Porter, which features high fashion, accessories, style tips and also an online magazine, wins about 3,000 new customers a month. The average order value is about £500.
BSkyB mulls a bid for Digital Plus
04 Jul 2008
British Sky Broadcasting (BSkyB), the British pay-TV group, is considering making a bid of €2.5bn fo...[more]
BA has bought French airline L'Avion
03 Jul 2008
British Airways has bought L'Avion, a privately owned French business-class airline that flies betwe...[more]
Sainsbury considers sale of pension scheme
01 Jul 2008
J Sainsbury's, Britain's third-largest supermarket group, is considering selling its pension scheme....[more]
Racal Acoustics looking at strategic options
01 Jul 2008
Racal Acoustics, the Harrow-based maker of military communications headsets, could be put up for auc...[more]
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