A supreme luxury e-commerce group is a compelling idea, but no one so far has been able to pull it off. Can that be about to change?
Keyu who is a renowned economist and an associate professor at the London School of Economics also argued that the blockchain projects were not drawing benefits from the existing academic research in the field
The potential deal, first reported by Women's Wear Daily, could value Net-a-Porter lower than the valuation of 2 billion euros reported by the fashion industry trade journal, Forbes said, citing the person.
The entry could be a boost for the country's luxury retail sector, which represents a tiny fraction of global luxury brands' sales but has a fast-rising number of wealthy people.
Richemont, one of the biggest luxury retail companies in the world, is likely to enter the India‘s single-brand retail market.
Switzerland`s economy minister on Wednesday confirmed that China and Switzerland are moving closer to signing a free trade agreement. China is already Switzerland`s sixth biggest export market and its importance is only set to grow under the new deal.
Jeweller Tiffany has been singled out as a target for PPR or Richemont after LVMH's take-out of Bulgari , but a deal will take time and smaller bids are more likely.
Jewellers and watchmakers Cartier and Montblanc are preparing themselves for further price increases in 2011 to reflect rising precious metals prices and currency fluctuations, their heads said on Tuesday.
Jewellers and watchmakers Cartier and Montblanc are preparing themselves for further price increases in 2011 to reflect rising precious metals prices and currency fluctuations, their heads said on Tuesday.