Richemont

Today’s news in brief-29/11/23

José Neves, the owner of luxury fashion site Farfetch, is reportedly in talks to take the company private, just five…

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Farfetch owner eyes taking business private as it delays results

The owner of luxury fashion site Farfetch, José Neves, is reportedly planning on taking the company private just five years…

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Today’s news in brief-13/11/23

Retail theft is projected to cost UK retailers £7.9bn in 2023, with a notable increase in employee theft. Thruvision Group…

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Richemont appoints Karlheinz Baumann to senior executive committee

Richemont has appointed Karlheinz Baumann to the group’s Senior Executive Committee (SEC) in his capacity as group director of Operations,…

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Today’s news in brief-23/10/23

John Lewis is facing criticism from city planners over its affordable housing plans. Initially, the company aimed to make 20%…

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European authorities greenlight Farfetch’s YNAP acquisition

Online retailer Farfetch has officially been given the green light by European authorities to acquire a large stake in Yook…

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Richemont acquires stake in Gianvito Rossi

Richemont has announced that it has acquired a controlling stake in Gianvito Rossi, the renowned Italian shoemaking maison, in a…

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Kering set to pay £13m rent for Bond Street store

Luxury retailer Kering is set to pay £13m or more per year for a new Yves Saint Lauren store on…

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Richemont sees sales surge but performance hampered by YNAP loss

Luxury jewellery retailer Richemont has reported strong sales and profit increase for the first half of the year but the…

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Yoox Net-a-Porter announces interim CEO

Yoox Net-a-Porter has announced it has appointed Alison Loehnis as interim CEO, effective 31 October 2022, replacing Geoffroy Lefebvre who…

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