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Richemont to merge Net-A-Porter with Yoox

2015-03-31 11:47:33| Footwear - Topix.net

Cie. Financiere Richemont SA plans to combine its online fashion retailer Net-A-Porter with Italian Web-based clothing company Yoox SpA in an all-stock deal that will create an Internet shopping giant with yearly revenue of more than $1.4 billion. Yoox Net-A-Porter Group will combine two of the biggest and best known websites for luxury clothing and accessories, a nascent-but-growing online market.

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SWITZERLAND: Richemont to step up brand investment

2013-11-11 19:26:00| Daily apparel & textile news and comment - from just-style.com

Swiss-based luxury goods business Richemont is to step up investment in its brands, ruling out rumours that it is seeking to sell some of them off in the near future.

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SWITZERLAND: Richemont silent on Chloe sale plan

2013-10-18 13:30:00| Daily apparel & textile news and comment - from just-style.com

Swiss luxury goods company Richemont has declined to comment on reports it is looking for potential buyers for its Chloe fashion label.

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SWITZERLAND: Richemont fashion boss Wikstrom resigns

2013-05-21 13:51:00| Daily apparel & textile news and comment - from just-style.com

Swiss luxury goods company Richemont has announced the resignation of Marty Wikstrom, the chief executive officer of its fashion and accessories business.

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SWITZERLAND: Richemont books 30% FY profit growth

2013-05-16 15:13:00| Daily apparel & textile news and comment - from just-style.com

Swiss luxury goods company Richemont has reported a 30% increase in full-year profit, driven by favourable exchange rates and higher sales.

Tags: books growth profit switzerland

 

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