Alibaba and Richemont invest in Farfetch China

      “The growth potential of luxury e-commerce has never been so promising, and the importance of China for the luxury industry is only becoming more obvious every day.” – François-Henri Pinault, Chairman, Artemis (the controlling shareholder of global Luxury group Kering (Gucci, Saint Laurent, Bottega Veneta, Balenciaga, Alexander McQueen, Brioni, Boucheron, Pomellato, Dodo, … Read more

Richemont to bring the world’s leading online luxury retailer to Chinese consumers

  Chinese consumers are expected to account for nearly half of the global luxury market by 2025. Swiss luxury goods group Richemont and Alibaba group announce global strategic partnership. This partnership will bring Chinese consumers unprecedented access to the world’s leading luxury brands. Under the partnership, YNAP and Alibaba will establish a joint venture (JV) … Read more

CEOs from Apple, Rimowa, LVMH, and Alibaba in the jury for first LVMH Innovation Award at Viva Technology 2017

The biggest luxury group of the world announces jury for first LVMH Innovation Award at Viva Technology 2017. This year VivaTech will welcome 50,000 attendees from around the world including 5,000 startups, 1,000 investors, and 400 speakers with names like Eric Schmidt, John Collison, Jeff Immelt and Daniel Zhang. The second edition of Viva Technology … Read more