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Richemont and Alibaba Group Announce Global Strategic Partnership

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Richemont and Alibaba Group have announced a global strategic partnership to bring the retail offerings of YOOX NET-A-PORTER GROUP S.p.A., the world’s leading online luxury retailer, to Chinese consumers. Under the partnership, YNAP and Alibaba will establish a joint venture (JV) to launch two mobile apps for YNAP’s NET-A-PORTER and…

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