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Richemont
Richemont Sees Tough Road Ahead for Luxury
It could take up to three years for the luxury market to get back on track, as it relies heavily on consumer sentiment and travel, Richemont chairman Johann Rupert predicted.“The luxury industry is dependent on customers’ willingness to spend — the so-called...
Retail May 17, 2020 Rapaport News
Kering Digital
Kering’s E-Commerce to Move In-House
Kering, the owner of Gucci, Boucheron and Pomellato, plans to end its seven-year partnership with luxuryplatform Yoox Net-A-Porter (YNAP), and bring its e-commerce activitiesin-house. The Paris-based retailer, which has worked with YNAP...
Retail Nov 27, 2018 Rapaport News
Alibaba Richemont
Richemont and Alibaba Bring Luxury to China
Richemont has partnered with Alibaba Group to improve Chineseconsumers’ access to the Swiss retailer’s luxury platforms. Alibaba will provide the technology and infrastructure to helpRichemont sell to the Chinese market through its e-commerce sites,...
Retail Oct 28, 2018 Rapaport News
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