# C_2023334EN.01001401.xml

| 22.9.2023 | EN | Official Journal of the European Union | C 334/14 |
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22.9.2023

EN

Official Journal of the European Union

C 334/14

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Prior notification of a concentration

Case M.10926 – FARFETCH / RICHEMONT / YNAP

(Text with EEA relevance)

(2023/C 334/08)

1.

This notification concerns the following undertakings:

| — | Farfetch Limited (‘Farfetch’
  ) (United Kingdom), |
| --- | --- |

—

Farfetch Limited (‘Farfetch’
  ) (United Kingdom),

| — | Compagnie Financière Richemont S.A. (‘Richemont
  ’
  ) (Switzerland), |
| --- | --- |

—

Compagnie Financière Richemont S.A. (‘Richemont
  ’
  ) (Switzerland),

| — | YOOX Net-A-Porter Group S.p.A. (‘YNAP’) (Italy), belonging to Richemont. |
| --- | --- |

—

YOOX Net-A-Porter Group S.p.A. (‘YNAP’) (Italy), belonging to Richemont.

Farfetch and Richemont will acquire within the meaning of Article 3(1)(b) and 3(4) of the Merger Regulation joint control over YNAP.

The concentration is accomplished by way of purchase of shares.

2.

| — | Farfetch is a global platform for the luxury fashion industry active in the retail supply of personal luxury goods, mainly through its marketplace and a suite of retail stores. Farfetch is also active in the supply of e-commerce services to brands, |
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—

Farfetch is a global platform for the luxury fashion industry active in the retail supply of personal luxury goods, mainly through its marketplace and a suite of retail stores. Farfetch is also active in the supply of e-commerce services to brands,

| — | Richemont is a holding company comprising 26 personal luxury brands (the ‘Richemont Maisons’), including Cartier, Van Cleef & Arpels, Montblanc, Alfred Dunhill and IWC Schaffhausen as well as YNAP, |
| --- | --- |

—

Richemont is a holding company comprising 26 personal luxury brands (the ‘Richemont Maisons’), including Cartier, Van Cleef & Arpels, Montblanc, Alfred Dunhill and IWC Schaffhausen as well as YNAP,

| — | YNAP is a global online retailer of personal luxury goods which provides a curated selection of luxury fashion goods through its own suite of online stores (Net-A-Porter, Mr Porter, YOOX and The Outnet). YNAP is also active in the provision of e-commerce services to brands. |
| --- | --- |

—

YNAP is a global online retailer of personal luxury goods which provides a curated selection of luxury fashion goods through its own suite of online stores (Net-A-Porter, Mr Porter, YOOX and The Outnet). YNAP is also active in the provision of e-commerce services to brands.

3.

On preliminary examination, the Commission finds that the notified transaction could fall within the scope of the Merger Regulation. However, the final decision on this point is reserved.

4.

Observations must reach the Commission not later than 10 days following the date of this publication. The following reference should always be specified:

M.10926 – FARFETCH / RICHEMONT / YNAP

Observations can be sent to the Commission by email or by post. Please use the contact details below:

Email: mailto:COMP-MERGER-REGISTRY@ec.europa.eu

Postal address:

| European Commission |
| --- |
| Directorate-General for Competition |
| Merger Registry |
| 1049 Bruxelles/Brussel |
| BELGIQUE/BELGIË |

European Commission

Directorate-General for Competition

Merger Registry

1049 Bruxelles/Brussel

BELGIQUE/BELGIË

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(1)  
  OJ L 24, 29.1.2004, p. 1 (the ‘Merger Regulation’).

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