Net-A-Porter has delivered low-single-digit adjusted ... “It may take time to ramp the outlet businesses,” it observed. Bain and Company predicts that the digital personal luxury market ...

Cartier owner Richemont agreed to sell its e-commerce business Yoox Net-A-Porter to luxury online platform Mytheresa, nearly a year after a previous attempt at offloading the loss-making business ...

ZURICH, Oct 7 (Reuters) - Cartier owner Richemont (CFR.S), opens new tab has agreed to sell its loss-making Yoox Net-A-Porter online fashion and accessories business to Mytheresa (0FVy.MU), opens ...

Mytheresa has entered an agreement with Richemont to acquire the Yoox Net-a-Porter (YNAP) business and create a “multi-brand digital group of significant scale,” according to a company announcement.

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Richemont has agreed to sell its struggling digital business Yoox Net-a-Porter to online retailer Mytheresa ...

If you're ready to elevate your fall wardrobe without breaking the bank, you're in for a treat. Our favorite brands and ...

In one of the most viral retail announcements this year, online fashion platform Mytheresa has acquired Yoox Net-A-Porter from Swiss group Richemont. According to a brand release, Richemont sold Yoox ...

(Bloomberg) -- Richemont agreed to offload its troubled online fashion business Yoox Net-A-Porter to Mytheresa in exchange for shares in the German e-commerce company. The deal, which comes 10 ...

Mytheresa acquires Yoox Net-a-Porter from Richemont, signaling a significant shift in the luxury fashion e-commerce landscape.

The deal is expected to complete in H1 2025. Following the transaction, Mytheresa plans to intergrade YNAP's luxury division into its own business to form one group which consists of Mytheresa, ...

LONDON — Mytheresa will acquire 100 percent of Yoox Net-a-porter group from Richemont with the ambition of creating a 4 billion euro online juggernaut in the luxury fashion space. Richemont is ...