in

EU Antitrust Regulators Set Deadline for Farfetch, Richemont Deal

EU Antitrust Regulators Set Deadline for Farfetch, Richemont Deal

EU antitrust regulators will decide by Oct. 20 whether to clear luxury e-commerce company Farfetch’s acquisition of a stake in online fashion retailer YOOX Net-A-Porter (YNAP) from Richemont, a European Commission filing showed.

The companies announced the deal in August last year, underscoring a series of investments in digital services by luxury players as they turn to new channels to reach customers, encouraged by the shift to online…


Posted by Editor

He's on the edge! Moment a fight breaks out at Brazil's famous 'cliff-hanging' selfie spot after one man's photo gets spoiled

alcohol

Elevated temperatures and climate change may contribute to rising drug and alcohol disorders