symphony investments news and archive

Yoox Net-A-Porter agrees to Middle East joint venture

Yoox Net-A-Porter has signed a joint venture with Dubai-based billionaire Mohamed Alabbar to create an online luxury retail business in the Middle East. YNAP will hold a 60 percent stake in the joint venture while Symphony Investments, an entity controlled by Alabbar, will own the remaining 40 percent, YNAP said in a press statement, without...