Compagnie Financiere Richemont mentioned that it has no monetary obligations towards the luxurious vogue e-commerce firm Farfetch and doesn’t plan to lend to or put money into it.
The Swiss-based luxurious group’s launch comes after Farfetch mentioned late Tuesday that it wouldn’t publish its third-quarter outcomes, which have been due Wednesday. The corporate received’t present forecasts presently, and any prior steerage ought to not be relied upon, Farfetch mentioned.
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