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Report: may buy Net-a-porter


Forbes is reporting that is in the preliminary stages of a deal to buy luxury retailer Net-a-porter, which could be its biggest acquisition ever according to the magazine.

Seattle-based Amazon has been making moves to expand its presence in the world of upscale fashon retailing by increasing its luxury apparel offerings.

Swiss-owned Net-a-porter has been valued at $2 billion euro.

Read the Forbes story by clickng here.

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