Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. HOMEPAGE

Amazon denies rumors claiming it's on the cusp of a huge acquisition

Amazon denies reports that it's in talks to acquire London luxury fashion site Net-A-Porter, Forbes reports

Advertisement

Women's Wear Daily first reported that the two companies were in conversation Thursday morning. Forbes also reported the news Friday morning, saying at the time that Net-A-Porter's valuation of 2 billion euros could make it Amazon's biggest acquisition ever.

At the time, an Amazon spokesperson told Business Insider and other outlets "As a company, we do not comment on speculation or rumour."

However, an Amazon spokesperson denied the report to Forbes outright Friday afternoon, saying that "We are not in talks to acquire Net-A-Porter." 

Although all bets seem to be off, the acquisition would have made sense: Amazon has been revving up its focus on luxury fashion since 2012.

Net-a-porter
Net-a-porter
Amazon
Advertisement
Close icon Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.

Jump to

  1. Main content
  2. Search
  3. Account