Mytheresa Acquires Yoox Net-a-porter From Richemont - Yahoo …
WEB1 day ago · Citi’s Thomas Chauvet said the Mytheresa news should be taken “positively” despite Richemont’s write-down of 1.3 billion euros, including the 550 million euros in cash which is part of the ...
M&A News: Mytheresa (MYTE) Will Buy Richemont’s YNAP for …
WEBR ichemont (CFRUY) announced on Monday that it will sell its online luxury clothing and accessories subsidiary, Yoox Net-A-Porter (YNAP), to Mytheresa (MYTE) for €555 million. Following the news ...
Mytheresa to acquire Yoox Net-a-Porter from Richemont
WEB1 day 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 …
Michael Kliger on What’s Ahead for YNAP Under Mytheresa …
WEB1 day ago · Under the terms of the deal, Mytheresa gains 100 percent of YNAP, the 555 million euros YNAP had on its books, YNAP’s 100-million-euro credit facility for seasonal working capital needs, and no ...
Mytheresa Acquires Yoox Net-a-Porter - Fashionista
WEB1 day ago · News. Mytheresa Acquires Yoox Net-a-Porter. ... Mytheresa is ideally placed to build on YNAP's assets to further delight customers and brand partners alike across the world by harnessing both ...
MYT Netherlands Parent B.V. (“Mytheresa”) and ... - Business Wire
WEB1 day ago · At transaction closing, Richemont will sell YNAP to Mytheresa with a cash position of €555m and no financial debt, subject to customary closing adjustments, in exchange for shares to be issued ...
MYT Netherlands Parent B.V. ("Mytheresa") and Richemont sign
WEB1 day ago · Richemont will sell YNAP to Mytheresa with a cash position of €555 m and no financial debt, subject to customary closing adjustments Mytheresa to issue shares to Richemont representing 33% of ...
Mytheresa Acquires YNAP, Expands Luxury Empire - Yahoo Finance
WEB1 day ago · MYT Netherlands Parent B.V., commonly known as Mytheresa, has struck a deal to acquire online luxury fashion retailer YOOX NET-A-PORTER from Richemont in exchange for a 33% equity stake in Mytheresa.
Richemont to sell struggling Yoox Net-a-Porter to Mytheresa
WEB1 day ago · In exchange, Richemont will take a 33 per cent stake in Mytheresa. The transaction is expected to close in the first half of 2025. “We are pleased to have found such a good home for YNAP ...
News Details - Mytheresa
WEBMay 15, 2024 · Excellent top-line growth with Net Sales growing +17.6% and GMV +14.7% in Q3 FY24. Mytheresa US business outperformance with record GMV growth of +41.6% and +48.3% growth of US Top Customers in Q3 FY24. Continued strong global Top Customers growth with number of Top Customers growing by +17.0% in Q3 FY24. Significant growth of Average Order ...