Research archive for CFR

Net-a-Porter to be bought by Richemont. Or so says UK Sunday papers. Richemont already own nearly one third of the business, so they would be looking for the balance, which includes the founder. It is interesting to me that Richemont are moving towards high end branded fashion. Or have been, this is a portal. I like these businesses. What do you think it really takes to make a pair of Jimmy Choo's? The end customer pays 300 to 800 Pound Sterling for a pair. But what does it really cost to make? What we think we know, is that the deal could be worth 350 million Pounds. That part we think we know.

Richemont>/b> also up strongly yesterday, there was a Barron's article, pretty flimsy really as Paul put it, that suggests that the price of Richemont could rally 50 percent. Yes, they have clever and illusive management, as the article points out. If you have access to the WSJ or Barron's login and check out the article - Pricey Goods, Cheap Stock.