(Bloomberg) — Richemont’s decision to plow 2.7 billion ($3.3 billion) into e-commerce by buying out Yoox Net-a-Porter SpA is a wake-up call to skeptics who thought consumers would never buy $5,000 Cartier necklaces and $50,000 Vacheron Constantin watches online. YNAP, which ranked No. 1 in Internet Retailer’s annual survey of the world’s leading retailers of luxury goods and No. 20 […]
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