For the marketplace, targeted margins are EBITDA/Revenues of 30%. Richemont's YNAP will be powered by Farfetch's FPS and convert into a hybrid 1P/3P model. And YNAP will receive an investment from Farfetch and possibly others becoming a controlling shareholder neutral entity. Richemont will proceed normally in their business while being a part of the Chinese JV deal explained in the post.
Questo è un articolo molto utile e interessante!
Mille grazie Giorgio!
For the marketplace, targeted margins are EBITDA/Revenues of 30%. Richemont's YNAP will be powered by Farfetch's FPS and convert into a hybrid 1P/3P model. And YNAP will receive an investment from Farfetch and possibly others becoming a controlling shareholder neutral entity. Richemont will proceed normally in their business while being a part of the Chinese JV deal explained in the post.