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Mytheresa acquires Yoox Net-a-Porter
Richemont Lends A Helping Hand For Mytheresa To Acquire Yoox Net-A-Porter
Richemont has come to an agreement for Mytheresa to acquire its online YNAP business, including Net-A-Porter, Mr Porter, Yoox and Outnet brands.
Richemont to sell struggling Yoox Net-a-Porter to Mytheresa
Richemont has agreed to sell its struggling digital business Yoox Net-a-Porter to online retailer Mytheresa, drawing a line under a failed venture that has cost the Swiss luxury group billions of euros.
Mytheresa To Acquire Yoox Net-a-Porter From Richemont
Mytheresa will be acquiring Yoox Net-a-Porter (YNAP) from Swiss conglomerate Richemont. The equity deal will see Mytheresa become the new owner of YNAP with a €555 million EUR ($609 million USD) cash position and no financial debt.
voguebusiness
14h
YNAP’s off-price division is in free fall. Can Mytheresa save it?
Mytheresa is planning on creating a separate infrastructure for off-price sites Yoox and The Outnet. Analysts say it’s a ...
1d
Mytheresa Acquires YNAP, Expands Luxury Empire
MYT Netherlands (MYTE) has released an update. MYT Netherlands Parent B.V., commonly known as Mytheresa, has struck a deal to ...
15h
on MSN
Inside Nicky Hilton’s Birthday Celebration and Rebecca Vallance x Mytheresa Launch Party, With Paris Hilton and More
Nicky Hilton had more than one reason to celebrate on Saturday night.
Retail TouchPoints
1d
Mytheresa Acquires Yoox Net-a-Porter to Create ‘Global, Multi-Brand Digital Luxury Group’
Mytheresa
has entered into a binding agreement with Richemont to acquire the Yoox Net-a-Porter (YNAP) business and create a ...
Footwear News on MSN
1d
Nicky Hilton Celebrates Her Rebecca Vallance Holiday Collection at Mytheresa Cocktail Party
Mytheresa hosted a cocktail party celebrating the launch of the Nicky Hilton for Rebecca Vallance Holiday Collection, held at ...
1d
Mytheresa's Black Friday Sale Goes Viral Every Year For A Reason
Black Friday sale is coming soon, with some of the hottest designer items set to be reduced by up to 80%. Here's what ELLE ...
2d
Mytheresa Acquires Yoox Net-a-porter From Richemont
Michael Kliger, CEO of Mytheresa, said the deal will transform the e-commerce platform into a "pre-eminent, multibrand, ...
1d
Heard on the Street: Cartier’s Owner Pays For an Expensive Digital Detox
The final bill has arrived for Richemont’s 14-year online shopping spree: $4.2 billion of write-downs. Cartier’s Swiss owner ...
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Related topics
Richemont
YNAP
YOOX Net-a-Porter Group
Rebecca Vallance
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