Amazon Reportedly in Talks to Buy Net-a-Porter

There was a time when it looked like Amazon.com wanted to become a destination for high-end fashion, but now that that goal is looking less attainable, the online retail giant may just acquire a destination instead. According to a report in Women's Wear Daily, Amazon is in "ongoing talks" to buy Net-a-Porter, which could be valued at as much as €2 billion (about $2.2 billion). Reps from both parties declined to comment, and it's always possible that the talks could lead to nothing, but the deal would make sense for a few reasons.