Alan Quasha Report

News at Richemont, of which Alan Quasha is director, is its “acquisition of shares in NET-A PORTER Limited.”  What this means is that the company will “hold an effective economic interest of more than 93 per cent in the issued ordinary capital of NET-A PORTER.”  This is somewhat impressive since NET-A-PORTER Limited (which owns NET-A-PORTER.COM, the “premier online luxury fashion retailer”) boasts fashion collections from more than 300 leading world designers.  Its customer service is top notch and it exports its fashions to more than 170 countries around the world.  The company’s latest milestone was its one millionth order.  As a result, the company is doing incredibly well financially, with an “unaudited turnover for the financial year which ended 31 January 2010 [being] approximately £120 million.”  This data spells great news for Alan Quasha and the staff at Richemont.