Rieker
Richemont unites luxury brands on the Internet
09.06.2015 5354

Richemont unites luxury brands on the Internet

Richemont has invited luxury product manufacturers to come together to create an online store that will compete with Amazon.

Johan Rupert, who owns a controlling stake in Richemont, wants to team up with LVMH Moet Hennessy Louis Vuitton SE and owner Gucci Kering to create an online store selling luxury goods. As planned, this project will be able to compete with leading online retailers.

In this case, we are talking about joining luxury brands to the online retailer Yoox Net-a-Porter, which today still cannot compete with large online stores.

In 2014, sales of Yoox and Net-a-Porter, which completed the merger in March, totaled 1,5 billion. At Amazon, which sells luxury goods, the same figure was 89 billion dollars.

Richemont has invited luxury product manufacturers to come together to create an online store that will compete with Amazon.
5
1
Rating

Latest News

Salvatore Ferragamo once again demonstrates the F-shaped heel

Salvatore Ferragamo's 2021 F-heel follows the curved heel of the original once created by the brand's founding father. The unique shape of the heel creates the impression that the wearer's foot is flying through the air.
05.03.2021 98

Turkish shoe exhibition Eksposhoes Antalya will be held from 18 to 20 May

Despite the pandemic and the associated restrictions on international travel, Turkey's borders remain open to guests from Russia, and the Eksposhoes Antalya shoe exhibition is once again ready to host Russian buyers.
05.03.2021 105

Lacoste has released a new model of unisex sneakers in retro style

French sportswear brand Lacoste's Match Break sneaker is a combination of an archival silhouette and state-of-the-art technology. The design of the retro sneaker combines clean lines with a calm color scheme.
03.03.2021 141

Rendez-Vous introduces its new spring / summer 2021 footwear collection

In the current collection of the Rendez-Vous chain of footwear and accessories stores, shoes from such brands as Kenzo, Vagabond, MM6, Giovanni Fabiani, Marc Jacobs, Converse, Dr. Martens, See by Chloe, Nike, Nando Muzi, Guess, Loriblu, ...
03.03.2021 156

Rieker sells 24 pairs a year. Shoes Report's Youtube channel published an interview with Riker Vostok CEO Shahin Asadov

Despite the pandemic, German footwear brand Rieker is celebrating a good year and expects sales to rise in the coming season.
03.03.2021 684
When you sign up, you will receive weekly news and articles about the shoe business on your e-mail.

To the beginning