The French event sales group first approached the highly competitive resale market 18 months ago, and it is now collaborating with Paradigme to collect and resell items by premium brands in exchange for gift vouchers.
Following a reorganisation, the Fast Retailing group’s French fashion chains are slashing prices by 30% in a relaunch effort bolstered by Uniqlo’s supply chain, as the group’s CEO Kunii told FashionNetwork.com.
Richemont’s renewed attempts to divest Yoox Net-A-Porter have attracted the attention of luxury rival Mytheresa, a report has claimed. It's believed to be among potential bidders to buy loss-making e-tail giant YNAP.