LONDON — Compagnie Financière Richemont may have denied that Net-a-porter Group is for sale and repeatedly declined to comment on speculation about potential fashion disposals, but it’s all fallen on deaf ears at Citigroup.
On Tuesday, Thomas Chauvet, head of European Luxury Goods Research at Citigroup here, published a lengthy report on Richemont’s overall health — and speculated in detail about disposals in Richemont’s fashion division — in anticipation of the company’s first-half results announcement on Nov. 8.
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