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Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.
Richemont has agreed to sell its struggling digital business Yoox Net-a-Porter to online retailer Mytheresa, drawing a line under a failed venture that has cost the Swiss luxury group billions of euros.
Richemont, the owner of jewellers Cartier and Van Cleef & Arpels, has been searching for a solution to divest Yoox Net-a-Porter after a deal with ecommerce group…
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