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The luxury goods investments of Rembrandt Group combined with Rothmans International formed the initial group of Richemont subsidiaries. [7] [8] In October 2008, the Group divested all of its remaining interests in the tobacco industry. [9] As of 2014, Richemont is the second-largest luxury goods company in the world after LVMH. [10]
Farfetch is a British e-commerce company focused on luxury clothing and beauty products. It operates as a digital marketplace that sells products from several hundred brands, boutiques and department stores from around the world. [1] In January 2024, the company was acquired by Coupang. [2]
Cartier-jewellery owner Richemont on Wednesday said it was "carefully monitoring" the situation after Farfetch's founder said he was considering taking the online luxury retailer private.
Burberry Group plc is a British luxury fashion house established in 1856 by Thomas Burberry and headquartered in London, England. [4] It designs and distributes ready to wear , including trench coats , leather accessories, and footwear.
More shoppers than ever are on track to use ‘buy now, pay later’ plans this holiday season, as the ability to spread out payments looks attractive at a time when Americans still feel the ...
The successful integration of various famous aspirational brands into a single group inspired other luxury companies to do the same. Thus, the French conglomerate Kering and the Swiss-based Richemont have also created extended portfolios of luxury brands. [citation needed] LVMH is a component of the Euro Stoxx 50 stock market index. [21]
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