Richemont

Richemont to sell e-commerce business YNAP to Mytheresa

Richemont has finalized a deal to sell its online fashion business Yoox Net-A-Porter (YNAP) to German luxury e-commerce platform Mytheresa.

Tough times for some luxury brands

Early reports indicate that the Christmas 2023 shopping season was better for some luxury companies than others.

Cartier not Tiffany the No. 1 brand of choice in China

In the past three months, sales of European luxury brands of jewellery products in China have risen by over 25%.