NET A PORTER

Richemont Makes $3.3 Billion Bid for Yoox Net-a-Porter

| Daniela Forte

Swiss luxury group Richemont has made a $3.3 billion bid to acquire Yoox Net-a-Porter, in an effort to jump into the ecommerce ring. Richemont currently owns luxury brands IWC, Mont Blanc and Van Cleef & Arpels. Here is a look at the luxury retail market in ecommerce.