Richemont Announces Deal to Acquire Online Luxury Retailer Net-a-Porter.com
Compagnie Financi��re Richemont SA has announced that it will acquire online luxury retailer Net-a-Porter. Richemont purchased a 33% interest in Net-a-Porter in 2002, and in this deal Richemont will acquire the remaining shares. The transaction values Net-a-Porter at about $530 million. Net-a-porter sells expensive women’s clothes and accessories, offering collections from more than 300 leading designers. Net-a-porter was founded in 2000 by former fashion journalist Natalie Massenet, who will continue as executive chairwoman. The company delivers goods to 170 countries, and has been profitable since 2004. Net-a-Porter has over 600 employees with principal operation centers in London and New York. Last June, the company reported profits of $18.3 million on sales of $147.6 million for the year to January 31, 2009.Net-a-Porter founder Natalie MassenetAnalysts see Richemont’s move as an acknowledgment that consumers will buy very expensive goods online. Whether we will see Riche

Royal Oak Chronograph 26331 Macros
Just sharing some macro/close-up shots I took this morning. Happy a Happy Easter!

Can anyone identify this watch? I'm stumped!
Hello all. It's been a while since I posted last. Long story short I met with the son of a collector who has had these watches passed to him. Some really cool pieces. Patel, vacheron, zenith and Tons of Rolex including one I have never seen before! It looks like a Paneri? Can anyone advise what this thing is? I have no reason to believe it's not real as the rest of the collection was 100% solid. The back was a clear case back and had Rolex written all over it. Can anyone give me info or I.D it for me? I have my eye on another piece but my friend wants that one if it checks out and the price is right. Only thing to add is the collector lives in Hong Kong and the watch is definitely older. Thanks in advance guys!

14 watches. 27 years. Collection complete
Collection complete.

Why are the new Cellini's so expensive?
Looking thru the Rolex web-site I found that the Rolex Cellini is up to $17,900 list!! Anyone have an opinion on this style?