Pursuits
Net-a-Porter Owner Said to Study 2015 IPO of Online Retailer
This article is for subscribers only.
Cie. Financiere Richemont SA is considering an initial public offering of online retailer Net-a-Porter Ltd. as soon as next year, according to people with knowledge of the situation.
Richemont, the world’s largest jewelry maker, has held talks with banks to discuss options for the London-based company, said the people, who asked not to be identified because the plans aren’t public. It may also consider a sale, two of the people said. The stock rose as much as 2.7 percent.