NOT FOR SALE

Finweek English Edition - - INVESTMENT - Simon Brown

A re­ally odd SENS an­nounce­ment from Richemont in which all it says is that “The Net-A-Porter Group is not for sale.” Well sure, ex­cept, let’s be hon­est, ev­ery­thing has a price, and as Karin Diep­grond com­mented on my Twit­ter stream: “They know how to sell lux­ury brands... start the bid­ding process by declar­ing it’s not for sale at any price!” si­monb@fin­week.co.za

@Si­monPB * The writer owns shares in Cal­gro M3.

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