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Compagnie Financiere Richemont SA ( CFRHF ; CFRUY ), the Swiss luxury group controlled by the Rupert family, has been lagging behind its larger, more diversified rivals in recent years. Then came the virus. While the entire luxury sector has been hit hard, I believe that for Richemont there ...
The last two years have been extremely successful for the fashion and luxury market due to several reasons including the growth in the share of online sales. The expected IPO of British company Farfetch ( FTCH ) should become a symbol of the new trend in this market. Farfetch is an online ...