Stories on fashion and luxury you won't read elsewhere

Richemont in partnership talks with Farfetch

By Astrid Wendlandt
Richemont in partnership talks with Farfetch, weighs options to exit YNAP
Cartier owner Richemont is exploring several options to off-load its lossmaking e-commerce group Yoox-Net-A-Porter (YNAP), several sources with first-hand knowledge of the matter have said. The Swiss group has come to terms with the fact that YNAP lost the technology race in spite of the vast sums it plowed into it over the years. Richemont would like to adopt the technology and platform of luxury marketplace Farfetch, but Farfetch CEO José Neves is balking at Richemont Chairman Johann Rupert’s attempts to force his hand to invest in YNAP. Miss Tweed has the details.

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A Year in the News 2021-2022 is a compilation of Miss Tweed's stories published online during its second year. Like the first yearbook, it is a limited edition. Hence, it is a collector's item. It is designed to celebrate the work of illustrator Claire Laude. Each illustration runs next to the first two paragraph of the story.

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Author and journalist Astrid Wendlandt conducted a four-year investigation vinto the secretive world of fashion and luxury involving hundreds of interviews with top executives and designers.

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