Richemont to sell struggling Yoox Net-a-Porter to Mytheresa
WEB2 days ago · The new group will offer three storefronts for clients: Mytheresa, Net-a-Porter and Mr Porter. Discounters Yoox and The Outnet will be separated out from the luxury division.
Richemont Lends A Helping Hand For Mytheresa To Acquire Yoox Net-A-Porter
WEB20 hours ago · Mytheresa will instantly more than double in size, adding some $2.3 billion in YNAP’s gross merchandise value – €1.2 billion from Net-A-Porter and Mr Porter and €.9 from off-price Yoox and ...
Mytheresa Acquires Yoox Net-a-porter From Richemont - Yahoo …
WEB2 days ago · CFRUY. 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 offloads online retailer Yoox Net-A-Porter to Mytheresa
WEB2 days ago · 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 to acquire Yoox Net-a-Porter from Richemont
WEB2 days ago · Mytheresa has entered into a binding agreement to acquire 100 per cent of Yoox Net-a-Porter (YNAP) from Swiss conglomerate Richemont, the companies confirmed on Monday. It sent the Mytheresa share price up 7.75 per cent on Monday morning while the Richemont price was up 1.1 per cent. Richemont will …
Richemont Offloads Yoox Net-A-Porter to Germany’s Mytheresa
WEB2 days ago · In this article: CFRUY. (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. Most ...
MYT Netherlands Parent B.V. (“Mytheresa”) and ... - Business Wire
WEB2 days ago · MYT Netherlands Parent B.V. (“Mytheresa”) and Richemont sign agreement for Mytheresa to acquire YOOX NET-A-PORTER (“YNAP”) to create leading, global, multi-brand digital luxury group in ...
MYT Netherlands Parent B.V. ("Mytheresa") and Richemont sign …
WEB2 days ago · Latest News. Stock Market ... ("Mytheresa") and Richemont sign agreement for Mytheresa to acquire YOOX NET-A-PORTER ("YNAP") to create leading, global, multi-brand digital luxury group in exchange ...
Richemont Offloads Yoox Net-A-Porter to Germany’s Mytheresa (1)
WEB2 days ago · Andy Hoffman. 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 months after a previous plan to sell YNAP to rival Farfetch Ltd. collapsed, will see no cash change hands. Instead, Richemont will take a 33% stake in ...
Online retailer Mytheresa among suitors for Yoox Net-a-Porter
WEBApr 2, 2024 · Luxury online retailer Mytheresa is among potential bidders to buy lossmaking ecommerce business Yoox Net-a-Porter from Swiss luxury group Richemont.