Richemont, Farfetch in 'Advanced' Discussions to Merge Platforms - NewsBreak

LONDON – Richemont said Friday it is in "advanced" discussions to merge its YNAP platform with Farfetch, building on a high-profile partnership forged a year ago. Richemont, which announced its first half results separately on Friday morning, said "further progress" has been made with Farfetch towards creating a neutral, industry-wide platform, built on the latest omnichannel retail technologies, to support the digitisation of the luxury industry.