{"id":73571,"date":"2021-11-19T10:55:16","date_gmt":"2021-11-19T09:55:16","guid":{"rendered":"https:\/\/test2023.luxus-plus.com\/?p=73571"},"modified":"2021-11-19T13:09:11","modified_gmt":"2021-11-19T12:09:11","slug":"prada-joins-discussions-between-richemont-and-farfetch-to-launch-an-e-commerce-platform","status":"publish","type":"post","link":"https:\/\/luxus-plus.com\/en\/prada-joins-discussions-between-richemont-and-farfetch-to-launch-an-e-commerce-platform\/","title":{"rendered":"Prada joins discussions between Richemont and Farfetch to launch an e-commerce platform"},"content":{"rendered":"<h4>Prada is reportedly in discussions with e-commerce site Farfetch and the Richemont Group to create a joint platform.<\/h4>\n<h4><!--more--><\/h4>\n<p>&nbsp;<\/p>\n<p><strong>Prada<\/strong> expects to be involved in discussions between the <strong>Richemont<\/strong> Group and e-commerce site <strong>Farfetch<\/strong> about <strong>launching a<\/strong> <strong>joint platform<\/strong>. Richemont said last week that it was in talks with Farfetch to sell it a minority stake in its loss-making <strong>Yoox Net-a-Porter<\/strong> online business.<\/p>\n<p>&nbsp;<\/p>\n<p>The group added that it would also invite companies other than Farfetch to participate in the transformation of YNAP into an industry-neutral retail platform without an overall controlling shareholder.<\/p>\n<p>&nbsp;<\/p>\n<p>Prada board member <strong>Lorenzo Bertelli<\/strong> told reporters, &#8220;<em>I really don&#8217;t want to comment further, but we are a business partner and I think for that reason and not only that, we will be invited to participate in the discussions.<\/em>&#8221;<\/p>\n<p>&nbsp;<\/p>\n<p>Meanwhile, the <strong>Prada group<\/strong>, during the investor day, having taken place on November 18, said that retail sales in the three months of September increased by 18% compared to the same period in 2019, before the global pandemic.<\/p>\n<p>&nbsp;<\/p>\n<p>The family-owned group, which has been reaping the benefits of a <strong>strategic overhaul<\/strong> in recent months, said it is targeting a medium-term operating profit of 20% of total sales, more than double the 2019 level. It also aims <strong>to double the share of online sales to 15% of retail revenue by that time.<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>Read also &gt; <a href=\"https:\/\/luxus-plus.com\/en\/prada-outperforms-previous-figures-and-projects-big-goals\/\">PRADA OUTPERFORMS PREVIOUS FIGURES AND PROJECTS BIG GOALS<\/a><\/p>\n<p>&nbsp;<\/p>\n<p>Featured Photo : \u00a9 Prada<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Prada is reportedly in discussions with e-commerce site Farfetch and the Richemont Group to create a joint platform.<\/p>\n","protected":false},"author":1,"featured_media":73577,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_seopress_titles_title":"%%post_title%% %%sep%% %%sitetitle%%","_seopress_titles_desc":"Prada is reportedly in discussions with e-commerce site Farfetch and the Richemont Group to create a joint platform.","_seopress_robots_index":"","_seopress_robots_follow":"","_seopress_robots_imageindex":"","_seopress_robots_snippet":"","_seopress_robots_primary_cat":"none","_seopress_robots_breadcrumbs":"","_seopress_robots_freeze_modified_date":"","_seopress_robots_custom_modified_date":"","_seopress_robots_canonical":"","_seopress_social_fb_title":"","_seopress_social_fb_desc":"","_seopress_social_fb_img":"","_seopress_social_fb_img_attachment_id":0,"_seopress_social_fb_img_width":0,"_seopress_social_fb_img_height":0,"_seopress_social_twitter_title":"","_seopress_social_twitter_desc":"","_seopress_social_twitter_img":"","_seopress_social_twitter_img_attachment_id":0,"_seopress_social_twitter_img_width":0,"_seopress_social_twitter_img_height":0,"_seopress_redirections_value":"","_seopress_redirections_enabled":"","_seopress_redirections_enabled_regex":"","_seopress_redirections_logged_status":"","_seopress_redirections_param":"","_seopress_redirections_type":301,"_seopress_analysis_target_kw":"Prada,Farfetch,Richemont,Prada Group,platform,e-commerce,Lorenzo Bertelli","footnotes":""},"categories":[1964],"tags":[22419],"class_list":["post-73571","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-brand-strategy","tag-news-en"],"_links":{"self":[{"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/posts\/73571","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/comments?post=73571"}],"version-history":[{"count":0,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/posts\/73571\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/media\/73577"}],"wp:attachment":[{"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/media?parent=73571"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/categories?post=73571"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/tags?post=73571"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}