![Richemont says it expects a $2.68 billion writedown related to the agreement. Reuters](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/JDICD4NWARLXJCBHEGZHS4F3ZU.jpg?smart=true&auth=5a0533fe1bbb8faee5c0c695b0bdfcc92415090c5d8ac139ece8139efb22bbf7&width=400&height=225)
Richemont says it expects a $2.68 billion writedown related to the agreement. Reuters
Richemont says it expects a $2.68 billion writedown related to the agreement. Reuters
Richemont sells stake in online retailer YNAP to Farfetch and Alabbar's Symphony
The agreement makes Yoox Net-a-Porter a neutral platform with no controlling shareholder