NET-A-PORTER to Go Public in 2015?

After purchasing the remaining two-thirds of NET-A-PORTER back in 2010, Swiss luxury goods company Richemont is considering taking the online retailer public according to Bloomberg News. While official word of the sale has yet to be heard from the company, sources close to the situation have noted that Cie. Financiere Richemont is exploring options for a sale or initial public offering at the beginning of next year. In light of the news, stock for the company has risen 2.7%. While further details are scant, this huge move is sure to make waves in the future of private e-commerce if it goes through. Stay tuned for more information as it releases.