Retail
January 24, 2018
Richemont's acquisition of YNAP puts it in competition with LVMH and Amazon. Image credit: LVMH
By Danny Parisi
Swiss luxury conglomerate Richemont's intention to acquire the remaining Yoox Net-A-Porter Group shares it does not hold should serve as a wakeup call for other holding groups who have yet to establish a multi-brand ecommerce platform.
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","iv":"47bab4a1fdbadd831ebf2356309df29f","s":"62029d84490e2228"}
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