shopping

Yoox Net-a-Porter CEO Federico Marchetti, E-Commerce Pioneer, on the State of Shopping

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One business’s loss is another’s gain. When Covid-19 forced brick-and-mortar shops to close their doors this spring, a boom in online sales ensued. As a pioneer of online shopping, Federico Marchetti, CEO and chairman of Yoox Net-a-Porter Group, was well-equipped to navigate the sea change. In 2000, Marchetti founded Yoox, one of the first online-only shopping destinations, and in 2015, he drove a merger with Net-a-Porter to create the e-commerce titan that he leads today.

Marchetti is credited with introducing a number of e-tail practices that are now industry standards—from creating digital flagships for marquee brands to selling high jewelry and watches online. YNAP group—which comprises Yoox, Net-a-Porter, Mr Porter and The Outnet and was acquired by Richemont in 2018—is the e-commerce market leader, with more than 4.3 million customers in 180 countries and one billion visits to its websites annually.

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Expert shopping: Untucked men’s shirts

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With the line between working and working from home continuously blurring, untucked button-down shirts might be the new videoconferencing uniform. They’re comfortable and keep you from having to push shirt ends into your pants after reaching up or down, or otherwise stretching. And they achieve the traditional and professional look that’s become so typical of American working environments. Modern men’s shirts have been packing newer and ever more versatile materials, features and fabrics, giving you many options to consider and choices to make. For one, should you even consider going untucked with a button-down? One style expert certainly thinks so.

IN THIS ARTICLE

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Sanya Poised to Boom as China’s Summer Shopping Destination

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SHANGHAI — Sun, sand, sea and shop.

Sanya has figured perennially over the last few decades as one of China’s top holiday destinations, but this summer the beachy area on the island of Hainan is expected to pull in an especially young, moneyed crowd — and brands and retailers are taking note.

Over the May 1 Labor holiday, China Duty Free locations in Hainan island including the world’s largest single-building duty-free location in Sanya pulled in 300 million renminbi, or $42 million, from 70,000 visitors. While that was an encouraging sign already of a bounce back, on June 1, the central government announced its new plan to further develop the Hainan economy. Among the extensive measures is to more than triple the per person duty-free shopping allowance from 30,000 renminbi to 100,000 renminbi.

Domestic spending in mainland China overall is benefiting from

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What will a Marks and Spencer shopping trip look like after lockdown?

You may have been visiting your local Marks and Spencer a lot during lockdown. Like all supermarkets, its near-600 food halls have remained open so that shoppers can pick up essential supplies like milk, bread and toilet paper.

If you had been after a multipack of socks or a pair of children’s shoes though, you’d have been out of luck, as all other departments have been closed to the public since lockdown began on 23rd March. Shopping online has proven to be a workable solution, but returns are a faff that many of us simply don’t have the time or inclination to deal with.

So news that non-essential shops can reopen from 15th June will come as welcome relief to many, and M&S is among the stores readying for that date. But a post-lockdown shopping trip will be markedly different from the experience we’ve come to know. 

Marks & Spencer

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