On the hunt for new ways to engage with clients, watchmakers are increasingly eyeing vintage and pre-owned timepieces.
Net proceeds will be used for the group’s general corporate purposes and may fund the acquisition of YNAP.
Richemont will publish its offer document on March 18.
The market may be awash in liquidity, but not all companies will swim in the riches.
Piquadro confirmed the talks in a statement issued to the Milan stock exchange.
Italy’s stock market regulator Consob has reopened its review of Richemont’s offer for 100 percent of the shares in Yoox Net-a-porter Group.
The process will only slightly delay its review of Richemont’s offer document for YNAP.
The alarm was raised when a woman called numerous times asking highly detailed questions about brands’ jewelry designs.
Photographer Albert Watson isn’t about to let Cartier off the hook for allegedly copying one of his best-known photos.
A rush of gold, including yellow diamonds, ran through jewelry collections at couture week in Paris.
The entrepreneur, who has a stake in YNAP through his Red Circle Investments, said it was a “fantastic operation.”