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Farfetch's purchase of YOOX stake published in China for simple case review

( March 31, 2023, 09:38 GMT | Official Statement) -- MLex Summary: A plan by online luxury fashion retailer Farfetch to buy a 47.5 percent stake in Italian peer YOOX Net-a-Porter Group has been published for a simple case review by China’s State Administration for Market Regulation. Farfetch and a unit of Swiss luxury goods company Compagnie Financière Richemont will jointly control YOOX following the transaction. The period for public comment runs through April 9.The statement follows and the notification form is attached:...

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