Farfetch (FTCH), Alibaba Group (BABA) and Richemont Form Global Partnership to Accelerate the Digitization of the Luxury Industry

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Go back to Farfetch (FTCH), Alibaba Group (BABA) and Richemont Form Global Partnership to Accelerate the Digitization of the Luxury Industry

Farfetch, Alibaba Group and Richemont Form Global Partnership to Accelerate the Digitization of the Luxury Industry

November 5, 2020 4:15 PM EST

Alibaba to launch Farfetch luxury shopping channels on Tmall Luxury Pavilion and Luxury Soho; will also invest in newly formed Farfetch China Joint Venture and in Farfetch Limited Richemont to invest in newly formed Farfetch China Joint Venture and in Farfetch Limited; will also explore additional opportunities to work closely with Farfetch Farfetch and Alibaba to leverage their platforms and augmented retail technologies to accelerate the digitization of the luxury industry; also forming a Steering Group, joined by influential luxury leaders, Johann Rupert and François-Henri Pinault Artemis to increase existing... More