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Richemont Sells 47 5% of Yoox Net-a-Porter to Farfetch

Richemont Sells 47 5% of Yoox Net-a-Porter to Farfetch
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Richemont to sell YNAP stake to Farfetch

Richemont said that Farfetch will acquire a 47.5% in YNAP, while Symphony Global, one of the investment vehicles of Mohamed Alabbar will take 3.2%,

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Richemont offloads Yoox Net-a-Porter, takes $2 7bn non-

Less than five years after forking out $3.3-billion (R56-billion) for online luxury retailer Yoox Net-a-Porter, Richemont is offloading it and absorbing a $2.7-billion non-cash write-down.

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Farfetch, Alabbar buy YNAP stake from Switzerland s Richemont

Richemont and Farfetch along with Symphony Global have announced the acquisition by Farfetch and Alabbar of a 47.5 per cent and 3.2 per cent stake respectively in YNAP, and.

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Richemont set to sell online retailer stake to Farfetch

Richemont set to sell online retailer stake to Farfetch
professionaljeweller.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from professionaljeweller.com Daily Mail and Mail on Sunday newspapers.

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