A strong performance at luxury-goods website Net-a-Porter
helped parent company Richemont deliver retail sales of €5.44 billion
(approximately £4.60 billion) in the year ending 31st March-an increase of 17
percent on the previous year. During the year, the company reports that
Net-a-Porter reduced its losses and continued to generate positive operating
cash flow. Operating profit increased by 18 percent to €2.43 million.
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