Richemont has denied industry rumours over the possible sale of luxury fashion designer Net-A-Porter.
Richemont has a long-standing policy of not commenting on market rumours. Exceptionally in this case, Richemont wishes to make it clear that The Net-A-Porter Group is not for sale.
Richemont advises that it has no further comment.
Net-A-Porter has only been owned in its entirety by Richemont for five years.