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Richemont rumoured to separately float Net-a-porter

We saw this announcement, we had not had a chance to write on it until now. The news that Richemont were considering spinning off Net-a-porter during the course of 2015. Richemont owns two thirds of the business, Natalie Massenet is the founder of the business. The Bloomberg story: Net-a-Porter's Owner Said to Mull 2015 IPO of Retailer, perhaps someone is just kite flying a little here. I guess all we need to do is to wait and see if there is any official announcement from the business. As an aside, you can buy their expensive items on their website, delivered here to South Africa, it costs a fortune to get it here 22.5 Pound Sterling and then of course the courier would call you to let you know of the import duty.


I did a quick sort to see how expensive you can get with regards to a shoe, the Versace Embellished suede over-the-knee boots, which retails at 6008 pounds is currently sold out. True story. The most expensive dress is a Marc Jacobs Crystal-embellished sequined wool-crepe dress that retails for 20800 Pounds. That is nothing, a Bottega Veneta Roma medium crocodile tote retails for a mere 37439 Pounds. Wow. Guys, Mrporter.com is limited, yet there is a Loro Piana Montgomery Suede-Trimmed Beaver-Lined Cashmere Jacket for a cool 10485 Pounds, Berluti Venezia Leather Calf Boots for 2112 Pounds and a Santiago Gonzalez Crocodile backpack for 4934 Pounds. Merry Christmas everybody!


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