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6 months ago

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Breakingviews - Richemont digital strategy goes back to square one

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Breakingviews - Richemont digital strategy goes back to square one

Johann Rupert's digital strategy may be heading back to the drawing board. Richemont's chairman last year agreed to sell the Swiss group's online platform, Yoox Net-A-Porter, to luxury marketplace Farfetch . Yet the U.S.-listed buyer's current financial woes have made the deal unattractive. Even if the Cartier owner can extract itself, Rupert will be stuck with an old problem.

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Breakingviews - Richemont digital strategy goes back to square one

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