Daily Digest

Richemont’s Net-A-Porter May Fetch $3.4 Billion, Vontobel Says

Claudia Schiffer shot by Nico for The Edit | Source: Net-a-porter

“Cie. Financiere Richemont SA’s online fashion retailer Net-a-Porter may be worth as much as 2.5 billion euros ($3.4 billion) based on a comparison with the possible value of German rival Zalando AG, according to Bank Vontobel AG.”