Richemont and Alibaba to launch luxury retail platform in China
29/10/2018
Luxury group Richemont and e-commerce operator Alibaba have formed a joint venture that will see the launch of a new luxury retail platform for Chinese consumers. They have said this partnership will provide luxury brands with better access to the Chinese market. It will be focused around luxury retailer Yoox Net-A-Porter (YNAP), which...