Mytheresa acquires Yoox Net-a-Porter from Richemont, signaling a significant shift in the luxury fashion e-commerce landscape.
At the luxury end, Mytheresa, Net-A-Porter and Mr Porter will operate three distinct storefronts. “This will allow us to cover the market with differentiated positioning, including ...
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.
Cartier owner Richemont has agreed to sell Yoox Net-a-Porter to a German online retailer. The Swiss luxury company will swap the troubled e-commerce retailer for a 33 per cent stake in Mytheresa.
As Mytheresa signs an equity deal to acquire Yoox Net-a-Porter (YNAP) from Richemont ... size consultations and secure payment options. Formerly owned by US retail giant Neiman Marcus, which went ...
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(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 ...
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Both Vilips and Porter clinched promotion on Monday via their respective US secondary tours following the season-ending tour championships, having shot up the rankings with mid-year victories.
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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, ...