Net-A-Porter saw its sales rise by 23 per cent to year end 29 March 2014 to total £533 million. Credited by the online retailer to the launch of mobile apps and an £11 million investment in its three websites – Net-A-Porter, Mr Porter and The Outnet – the business, owned by Richemont, had also launched its own high end magazine called Porter and opened distribution centre in Hong Kong during the year. The business lost £10 million before tax which was a slight improvement on the previous year in which a pre-tax loss of £10.4 million was recorded.
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