Retail
January 24, 2018
Richemont's acquisition of YNAP puts it in competition with LVMH and Amazon. Image credit: LVMH
By Danny Parisi
Swiss luxury conglomerate Richemont's intention to acquire the remaining Yoox Net-A-Porter Group shares it does not hold should serve as a wakeup call for other holding groups who have yet to establish a multi-brand ecommerce platform.
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7OTuQqIKdt4+EhNT+NOFuArYj878BM8\/ybaVgW3gCPWpOHFP9yxGkgZelFHxyEA\/EaW3wpqnzoNpOAn7QNznheuTJuTjFoxdMZaav3ukgjBhLQ8SCHJy9TEgudYWbqZnqqN2PHld6kMQgUjEAuDFMT9KruOQKnGJ\/LrmQnqQG3xZvA3tT7BXrO9kCaRKkiZ4pIFbHE5lVJEsKp+4LXdh7AoKjsSUhLYH\/YJn6mCsh38D9tQmJS9Iu62ZnfQy2dF6Up6PPvjW4gmsmpBIlygKdKaxXTS7swQmRkt1yd4KS1RbAjp5J0iG+\/FbKTx2oEuKeo4XzjCMAlu9WecpkXShI5\/q+1Z5\/ESwBLNirYVOE1nYP1UR3vBxh2ovnC2+QLxqqH\/4VR0XJtg+5q9s18uI1yDZvrBFYI5apH7gqa85atY1wgaQvXr71okf+50A7voUFJYaaL\/Nbramhf1pTKcRmXKgxRU\/Jn417XkxXelqBAmRcVuMDnCMixuUl3jv57bAbWd02ErzFyIBYyj+PnE5eqCnBdFXrJ0NuYS23DEuPqB51L0K3aExrAmCioV0J+9l62vlMfbUBbUEcBr30A+sgoqrTxa\/WHGeneZe3UNwvl37eW0RTfLaqPHcjBdxc97HhrGsn2o1wROwChpi7Gud6k2ocupZcbTZgtOqskQoXX0nDmNaxAvFAna48ZppHJzZykmfRtaoQZwMfgYJJy+gbIkN0v2lRumj6xW8wYAg1JgfBf\/dlpSnRzLGfdStMW5aq\/PGLhb8nACeLp2DL3Vx\/Xr8hErp2oMpCjUxaEQtBr2T5uFufzsi0afuk74AGUU+ugiGPYgamdvdgYvQuUK6UoXvtbt1dFhZOlwgyhxc3+VUNAaqTWWQvqmfSPWNVm69m9bkz5BKDfQaltAGIahI1lSGmKPh9cp4v5NFXxd7uKAIwULOU9S5m06U+9nNm1t2spkaygJkwBFX4aaWZuCwoNVv574PeqFV9VQr4PDAa7g1jZAa8VnBAYyquWoSK0udTReMKrDXu9jODdd5mzqeXSC\/euaYKTat1TDWObyxZkhIIhg87RF4PcMtXxnf5jw1B+QYNEQ22qcGk9W4HU5EgVr1CHkL4iSHaoB0Lsrtwm79hD2Z4049ayCdRIU40rC1OiTYw3T2yQg7tTrDSXiTmerRzQQcCUFAYR8rOf4SRZMSd43ofKX1Y9Zco+JFqfaQPDFD7WDnlpbPawh\/e4Kwa95P9jnNdQ8meK0lcucxWOMfis7ZmsvMV4F5wrCIZ5JND2J8jph3\/NRSRanF6iUh2pzXBGGSJhumTWyqRkDc9zEc7KziIbRbI+OGi3nOIyp3IErKqmHUDPJYevCRfhaUnCDvdliLPri3pwirvaD9Vlb8wuT8UK7BvMtg1XC7iQqIpjq5PjPoWq9+httALkD5bJuI6hBmm4KgIL+757oyq\/4Cx6B2I6Ee9YPj9hdmbGEznXPeiOtlhCFILkcNe\/YPG3TbaY\/utXp1sH7m\/2JF7iN7qrxwECe\/JDa8U8vToGIKvnrp3+3LieTzhD5GtXjHarLbGvzTe5WfxgnSX5Lkl8qj9bU8eVMkfjZlwsnwBNMEvc5B1YWaL5YGNL5sBlxB5hHtwRtjU4jqsyWcZ9WIAaAawWOzj8ssdCUPNE3aUuxABLd\/Il7qBjwKFOml7HDT+R5zNW7mUt6JjbDky23yrdUVKUB6Ja9e4MAuEQktYbpEib4BC\/igKJ8mHW1loHQzpjFF9WOj4AHl6HLfwDHTy0QBGj0bZmIY3vnOMlsIilLXqW98STPPQkKrc\/EvsCvpGXBfb2MxPgDYF+k67Oqk\/oUc1ydVILC0ur0rZDNU5g7PZmM6NPBxTnQqUnEh88dNHaDTxwAR66CM5ki6TE2TOf5aX2TKFDlAfEiL0GphIato9nNt9VhMNt5tvTIiAeIHURWkG8hf6rFX4KMFhMFLgPcxlCrqTJdWFi3gQXNnEucHgJ3Z5D8PgTwGxfTXFK57uSylniI0MT0qiG4excgQI3NnPazfzXCcILPzx\/CA4o2j47NZFQr67YJvIg2KM2rJbMGIGCKok24UGVxdylz1fGAh6jE1p4sDHPyKDmamDYLvHYfYKCL0ebIa4g0VCME5\/gC6KHPTsq5K2nny8mpiSUwwGMvvBqH4qMPmxxowKLk+f+tLxyeApCl7w1ctPnuf7+KSBKfW9qhpzX2VsAZbuWFKg\/Kn9+JiQ0bs1j4sN2ZE2Phd2nzogR8Hw5QeLARXKaFMCYah14KDRLNX2K7oeAMyyxu\/IBAYSCtncoviymCYDsCJFO3neZjpFQJScsAFYRCkcPjEuI\/elCVslEpXWXfFuOp7FtMDGXX9FLn8mtB+2esnTEnRawl1dwPrDFbTpUSXoS0aJtO+HDhIET\/QzdHfThi+BEcCrm6Cjtl6vt28hb7hGTCwsKFnybngsoyJf4AvPZa0N2OpwGp5OO+9rK1tcarSmYSKT1geo3Vx8ph18xlxoGx\/NtmPjHyHY1cJ1pLAa2aeExD3+dW5ZWIeB3GLWiJsKU8oLuzyUqKUQBS14wJGfrBhnt6455QoIV6e1xv87dlOe0XVDhH2xn0WnGuSy448ZgthbayKAugG0hvjCdnTbuZAYefpKxjcvbXVH9YmyaOOOI6n1AjVe\/8dVPli4MK4gPsCD7tTj\/o2W74M5PQt7OTWlvhUHkXoVKHOTSkaOVgL6p8ceLsVPjlEiLXkS56STNh4YKP6\/XGck\/qMMl1km\/yoj5hUM7ly4dsyXmnDmaq3mBCRpOcVUAY3qc3cjXQxyeES+pFeLARPN9RxKPjpv3K9paqAfEN73iVeRS6WurepDMekbr5RYEfjZ358RbPdZrlGvmGLJE9zFDzKPATkOrCcHbgPcQ\/\/z4S37qt5FThOL3k1h86HlHlH7U2TBSuzn4szyr5K+UtPUxdgLoDUDEpiz8jeB0ZAUx8P9EdG79QJ1\/ZpA3g9qXQ4K1HwXCZolELVG4STiW9eZlL1CVs7CPAqx3FI7CgXuIZe2GAEu0SF2HGd2tqdUuA118KAF2DNZe+oG8hAP9qIjgX2C7rXIHibSpdSWYI1Zd+xrd7pMQ1oSXvSV4mNgj7kkiC6NWLhFd0o5DwePK08riKj+0eS\/\/9Jtenbi13lNXZWb5aS5RH26OAKxVT44atorI3S8hJuSk8VXAyt4I7MOdKquAL03DcACrCNQ3\/Ixj5w61Y1L65VwRP0iY9Rh6MVsUuenoV9S0athuMUDN92vPqZuTJ2yvG91l0ZQOiejJ1n6MClzJ2l1CN6jFyJJh3rKAfCq8MZgq4JOrTppkDDGWANWgboidEVo0WuA4MCjNd4PGPOd+7xipTWDD31Uzg6h33168I\/vmfGSOhRHYfGUXmQye+GDLoOXhQ3I6yvgQbrpLiXE5lrQzoQezeOXNxU6xBeopIg+lUj+xNvOr0tsGGYSzI3MquYR36FKOCIih3VYPyxp1uouP+ss9TCx\/NDpx29ZijaItmy9jCv\/yF9DJwdCpp58\/A7xWhrJf0U1\/bCpd7czutzgBfRNGIMddgd8V09bzEO9f\/9bKe5tsYeVPEpNgQO6gWZ3bqe+hbhi22xpBe4N\/V7tNFHnwZ5zFTz5HNL759V6v1EQpKcqqohnc27R2yJ3Xxxskkmy7WVrmfFdenCHiXH30dxjfKseEsg\/atib5XH03gHybQrd\/0x\/\/SbRDmFzq9ot+F6h4YDzvqwaIR9SBpYkIko\/kdhj8a5vc\/ZfPtBzL1gTwLL\/dh9tSxhPgYLt\/ltUpbjZed\/AJVVs9D3E7XeQegoilQEHGzFKOiDPe3FEKLGDGCujI9BGBKh7aTaULQ5oPb94lVat7B5a0t8VwaVv7m7JVwIpnTj+GluZDO2gjuuSaxZE0JjiyfpZDduwa1iWPy\/jNPI\/BcZ5iTQHX05uQu+jsMBDamd9cYiio40emb2ByDyBu2oXptSksMdusxckES8ygoACMqGQXXBPXpbM\/iuke3sy1pCSXVNo6n06PicxsmP8+3eeK1L+Qa3m6OZREPokC5xST9l4Ga8tVCFU4zLYO7Sf\/3rzc3W14oF4c3e6qQ553DYW5f0X6tI6u7p39bT2l8r0dLsfcKYhGaVrzeTba\/qIKgB07HmbeG9g8hoSSENxYJCPlWzEXWM\/d\/6wtuWhDE1gzFf3lE+ksUG377jXRtCznT9drK+AUuvczJ0vxJJSFJ02kD9TKeTwKtmpO7UJuu\/2x7OBk9Eff47Fns1ynshcfkKW42qqlcWYa19Y7qwclbRHRx7joOclP4PqsDec1AN\/0IQleb7XBnljBKdjKNhKzIZlATApLQCZp\/fuCzis4OhMJr+iC7Eb+W9WE42zxM4CuzDa9QMthKtS0Cti5JIN35EmC1dZTCuroBED03LoFkFQktAPaFBPhLG3jBoEj++c9SIdzV8gNKqAxWxEJM\/idf411isbCzccGLb8DMyLYAS7Fe7DK7v9Y1mgmYftqWNxQcT\/iYh3rI6FY10aQsx\/8sSlNSoa2CUleiqpSQhRFcdzrbHGoB0JyFhjhy3VVq8yOijpzFvv+PdivuUymRrAUlKlN5fHgAZycBim3tk42\/wzoszVs2\/\/4IJSf3yYUJJB46582cf0kmqp2\/lnVfPOEGEKTBsiljcjPITMpIeiZk0hk0SppvC\/MmlCUjHqoeaAV38kAbc3I3hMLp6D+KsBy9avJWC9rdKem9eAwqoWFGXqmSZrpIhuJW4EiG2Js5TJNhgeket\/JXUVssgS8H+RIvswiXx9qmQ4j3+08TfSaMBXsPja4QNoFsv0Zk\/Kn5YuDBSX35TIEhgVOzNqlgFYzPH+SjWfgjAn9\/SXyZcr37OJq6u58Z5TxP1DEoJtnNRnd2u5tJFwLuzHHLdIIFgoz8f5zWTSAg\/Z83aUYDqcQRQQALkDvAS4e\/gzM1OCPheFxeI8msxfV85LmtrrP0vP0jyBZmTLhFIUCgGPqSDgYrQwL9kkwUozzMT7mvgzWwKOMN6xH74YG0us3rY2mQveeG8H9DkM51JDs3lm32KirR7GDWyFz6unBH4uknjUFtiREe0vCvl7JSkhZDqmy9yAvrHg2J1PAjpS8vAJUHFUDpkTnZssLZJHOv+eHsXyPAoQ6PQSdkgRb5gR2+JehEbKcV6ZdNjFsq65QALzeDkEcc1MkK2reuv2VUMC5z1VnLlbKuAuq9MUBVkmkpEABaYCcqgVYkRY3rNFfKRL0YbrYS0vYJfwdjyEVl8xxAZVGrChAWuzz4YyphER39IuAyVmC4mbQUFNNO6VfYONl00BsM3tQCZ95WoUEDnY1DJOe0LoAmhjcAvdEs\/NT9GWGZygcPM\/tJ\/1LntqUnUSjSYn6Ez2dOxGLZZ7e7h3XgZQphTRI6BrZ1jbMYccdS6uFXYtdlRYgtfJWmfSxJd47hmD3iPCOULJdhWYRi2itfJa9NslSTxPNwMzwDeSB57PcyZQXqJY0DPLSeqqMtbjfQayL5beo3Arj578Mu7Z6r4uEE+I4VMxpsxVStLNzT98yKCd0OpLtCFQyUm7iKybnfccyGqI3kmFg0Xcsj4BMZm1SFlOuVRVNtmci0YeATNO5EM6kIocNfXr65EtOTsooCeD9RESStNnQnBbN4N\/k35XFOkB8a0f7L+lOE7KsDiqJgaOndlpAU4orjtczjNA5tp04GZ5TcgFn8WFV29xfUra6ToKb7ug4xtDALfFHUYR7Z69o9Jh+db8GVXDFskqj6Mhi5Ea\/TIm29d0WIAYubWPc3XWplnbLiQuGgxfVCbpSvAruUJOeskLlMYSo25JyJFYjtNf\/nTvAIscGolmHTUaEE7CqsugtM3N2v8YZ20JV+ABE3q8cpw91mZWV1lwE4+T5MZqrhvX5BHn3X65FLqokzXTfH+qPyFy7lPFrhIuykwLMV6K+l7xEDUJoau3EXOQ5rAOfChrs1r+K8hXceJxC7JGM5Rmya9y9X0M4VVP5PD0md03nrr5wSeu4NN21RcCN7kBY1JqIEzUm\/4i9BvgpcsGFw0x97zrTinuiVey\/YZUT+dQigozLlxgJfUH\/QPfvSRZjoScL9sdXZKBEedMv1IaEfs3WHeogYje\/8EjpPwG+easLtQz92bCZYScNxMaIHZyvocrfbt9NTA3yVCDXg3sDFrTlukG3tUX8mQmzKc51qH1VrlAlTKD7\/UX0ZqJimEFVYgVfJNx96oF9ku80KrLjkSwrc\/0Kz7clj5VFbusrfnNARSGoCGbSr+Xk1s2zj02b1fhWXr5XdWpEg00jg3f0luyDbqEZaxn5gQuEfo7y5Siz9oNxbPTlAgdIsa85PA4EbdnOhYyBH2ivid0FmN7TDSkFVOGO4Vh725+5vasoJu0syUxNkGbo5IdUtRZnxP3TDXNIrgJv6ZH0H6po0Wm5dF0d\/s\/oAW6cu84bDPOxCUaU\/oERPoSdG3ari0Vx1HPiPyFxqvOcmEsKEVq6rCuxp32vn8y6sNTiNL4n4GvTO6i5w6OyBQ2fDjxf0z7IK4M2ULlf2MZFvURDLsugOJl15XSs2Rrw==","iv":"6b22ef06fa501b5a9d38795716e993f7","s":"38836c140aee87ab"}
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