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Day’s wrap: Richemont, Mulberry, Farfetch, FCC, TikTok and Snapchat

June 29, 2022

The group expressed its condolences in a public statement. Image credit: Richemont


Luxury Daily’s live news for June 29:

Richemont mourns loss of former deputy chairman
Swiss luxury group Richemont has announced the passing of Jean-Paul Aeschimann, who served as deputy chairman of the company from 1998 to 2010.

Mulberry revenue up 32pc, showing solid pandemic recovery
British fashion group Mulberry has reported its financial results for the year ending April 2, 2022, achieving revenue of 152.4 million pounds, or $184.6 million at current exchange rates.

Farfetch, Good On You launch sustainability hub
Online retailer Farfetch and sustainability ratings platform Good On You have announced the launch of a new innovative sustainability hub for the fashion industry, Good Measures.

FCC commissioner urges Apple, Google to remove TikTok
U.S. Federal Communications Commission (FCC) Commissioner Brendan Carr has called on tech giants Apple and Google to remove video-sharing platform TikTok from their app stores.

Snapchat introduces subscription service
Media company Snap, Inc. has announced the launch of Snapchat+, a collection of exclusive prerelease features available in the app for $3.99 per month.

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