Anyone see NAP in the NYT?

  1. [Did I put enough initials in the thread title?]

    Did anyone else see the article about Net-A-Porter in the New York Times today (Thursday, the 15th)? A nice profile, explaining their origins, how they survived when the other luxury dot coms didn't. It was specifically mentioned that they are seriously wooing Balenciaga, Lanvin and YSL.
  2. oooooo i will check it right now!
  3. Front cover, bottom of the page, Thursday Styles section.
  4. I have read about them in WWD (womens wear daily). they really are a great company, inventing their own technology and software to serve customers better. They were voted best store for something in london and beat out actual stores in london. they really are on top of things.
  5. DO you get the print or the online version? Do you possibly have a link to the article?

    cuz OUCH, the online archive is $75 a month. I can't expense that! hehe.
  6. I get them in print in the mail , I can try to find a link because I have online access too. Let me check one minute.
  7. yeah it asks for a username/ password, or wants you to get a subscription.

    Wanna trade for my NY Times Select account info? (:0)
  8. Oh no, let me just copy and paste them here, so we can all read, one more moment please.
  9. Luxury Store Grows Online
    By Cate T. Corcora

    Net-a-porter founder Natalie Massenet.

    For the first time since founding Net-a-porter five years ago, Natalie Massenet has time to weekend in her cottage outside London or in the south of France with her investment banker husband and their five-year-old daughter. Not so in the company's early years, when she stayed at the office all day Saturday and Sunday answering customer service calls.

    Since it opened in June 2000, the London-based online designer boutique has doubled its revenues every year. Last year it posted profits of 227,000 pounds, or $409,404 at current exchange, on sales of 11.8 million pounds, or $21.3 million, and Massenet expects the business to double again this year. (If it does, Net-a-porter would be comparable in size to Jeffrey New York.) It also was voted "best shop" last year by the British Fashion Council, winning out against real-world stores owned by Matthew Williamson and Asprey.

    Last year, Massenet added a chief executive officer, Mark Sebba, to her staff of about 120, which freed her to focus on fashion and marketing instead of operations. The business is currently growing by 15,000 customers a month, and Net-a-porter recently built a bigger distribution center in London to handle anticipated orders.

    In the warehouse, handheld PCs are used to manage stock locations, and packing stations are equipped with computers and bar code readers. Last year, the company created its own software to track orders and individual stockkeeping units from receipt to dispatch. In the next six months, the company plans to replace its e-commerce software, Intershop 4, from Intershop Communications AG of Jena, Germany, with a custom application written in Java that will handle more traffic and allow Net-a-porter's merchandise to appear in Internet searches on and other search sites.

    Every time the company adds a new brand, it acquires new customers, said Massenet. Otherwise, marketing has been largely through word of mouth and articles in the U.K. press.

    A former editor at Tatler in London and W and WWD in the U.S. who grew up in Paris and Los Angeles, Massenet parlayed her editorial sensibility and fashion-world connections into a store that stands out among online retailers for its mix of editorial content and hard-to-find designer merchandise. Weekly articles present the latest trends, must-have items and ways to wear them. Net-a-porter's focus is on the kinds of sophisticated yet wearable clothes that are highlighted in magazines, but are often difficult to find in stores because they're considered "risky." The store recently added Miu Miu and Alexander McQueen to such standbys as Chloé, Marc Jacobs and Vanessa Bruno, and has an online exclusive to carry Burberry Prorsum.

    "I think we had a very clear vision at the beginning of who our customer was," said Massenet. The Net-a-porter customer loves fashion and fashion magazines and has a high amount of disposable income. (The site's average order rings in at $800.) A recent survey revealed that she ranges in age from 18 to over 65.

    The site emphasizes privacy, service and efficiency because those are important qualities for luxury customers, said Massenet. For instance, London dwellers get same-day delivery. Other customers receive packages overnight through DHL. Clients can preorder select merchandise, such as Chloé's Paddington bag. Personal shoppers operate much like sales associates in luxury stores, advising customers in advance about what will be available in six months, what the key pieces will be and making sure their clients have priority on coveted items.

    Sixty percent of Net-a-porter's customer base is outside the U.K. The U.S. makes up 30 percent of the business; continental Europe, 15 percent; the Far East, 8 percent, and the Middle East, about 7 percent. Home-grown software calculates international taxes and duties for each of the 71 countries Net-a-porter ships to, so customers are not surprised when they receive their bill.

    The site has close to 30,000 customers and 300,000 unique visitors every month. The weekly e-mail newsletter has about 250,000 subscribers.

    Does Massenet have any plans to open real-world stores? Not yet. "With the introduction of the Internet and the ability to have one shop cater to the whole world, we're taking a niche market and making it into quite a sizable market because we're not dependent on foot traffic," she said.

    Massenet said she believes retailers are still at the beginning of realizing the Internet's full potential. "We think everything they said about online is true. It's just taking a few more years than everybody thought."
  10. here is one more about NAP, this was from aug 2002!! the other above was this year.

    Chloé and Marc Jacobs Sign With Net-A-Porter
    By Valerie Seckler

    P&G's Latest Luxury: Signs Dolce & Gabbana To New Beauty License
    VF Steps Up Retail Strategy
    Vuitton Leads Fashion Pack In AOL Searches
    NEW YORK — Online fashion boutique Net-A-Porter’s persistent pursuit of Chloé, Marc Jacobs and Marni has paid off with just-struck agreements to start selling roughly 20 items under the Chloé and Marni labels for fall 2002, plus four handbag styles and four kinds of footwear from Marc Jacobs.

    In addition to those arrangements, London-based Net-A-Porter has sealed deals with Pucci, Missoni and Sophia Kokosalaki to add some of their merchandise to its e-boutique.

    The moves make two-year-old Net-A-Porter the first e-tailer to hammer out pacts with Chloé, Pucci and Marni to sell their goods in cyberspace.

    "We have been in talks with Chloé, Marni and Marc Jacobs since we launched," said Net-A-Porter’s managing director Natalie Massenet. "A brand like Chloé was in our original business plan as it has limited worldwide distribution. It wasn’t until we met with them after the [most recent] runway shows that they said yes.

    "They’ve been reluctant to get involved with the Internet," Massenet added. "Chloé is a waiting-list label and stores that carry it sell out quickly." For example, prior to the arrival of Chloé’s bracelet bag at the e-boutique, said Massenet, 235 Net-A-Porter visitors had signed up to purchase the item.

    Net-A-Porter has been zeroing in on what Massenet described as "cult items," such as various runway looks from Marni, as well as about 20 Pucci items.

    Some of the goods under the labels new to Net-A-Porter will be added to the online boutique between now and Sept. 30, while others have already gone live, including the Chloé bracelet bag e-tailing for $815; two handbags from Marc Jacobs; some Missoni items and most of the offerings from Marni and Pucci.

    Net-A-Porter will rely mostly on word-of-mouth to publicize the brands’ availability, while also targeting key customers through an e-mail campaign. "When we introduce a brand, we tend to draw new customers," Massenet related. "This happened most recently with the introduction of Chloé, as some of our registered users became purchasers."

    With its addition of a half-dozen designer names, Net-a-Porter will carry 38 labels, including Anna Sui, Katayone Adeli, Lambertson Truex, Narciso Rodriguez, Cacharel, Diane Von Furstenberg, Earl Jean, Paul Smith, and Philosophy by Alberta Ferretti. It also operates online boutiques for Jimmy Choo and
  11. You know, someone should do an article in the NYT about the Purse Blog. There is nothing like this site...It is so much fun, and incredibly informative...

    jay jay
  12. Yes I agreed! Our purse blog totally kicks ass!! :lol: :amuse: