Richemont Lends A Helping Hand For Mytheresa To Acquire Yoox …
WEB23 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 to sell struggling Yoox Net-a-Porter to Mytheresa
WEB2 days 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 ...
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 …
MYT Netherlands Parent B.V. ("Mytheresa") and Richemont sign
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 exchange ...
Mytheresa Acquires YNAP, Expands Luxury Empire - Yahoo Finance
WEB2 days 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 ...
Richemont to Sell e-Commerce Business YNAP to Mytheresa — …
WEB2 days ago · Richemont said Monday that it expects to book a 1.3 billion-euro ($1.43 billion) hit as a result of the deal, under which it will transfer YNAP with 555 million in cash and no debt to Mytheresa ...
MYT Netherlands Parent B.V. (“Mytheresa”) and ... - Business Wire
WEB2 days ago · About YOOX NET-A-PORTER (YNAP) YNAP is a world leading online luxury and fashion retailer, with a distinctive offering including multi-brand in-season online stores NET-A-PORTER and MR PORTER, and ...
Richemont to Sell e-Commerce Business YNAP to Mytheresa
WEB2 days ago · Richemont took control of YNAP in 2018, three years after the business was formed through the merger of Italian e-commerce firm Yoox and London-based Net-a-Porter, in a move that sought to capture ...
Mytheresa is Said to Be Making a Play for Yoox Net-a-porter - WWD
WEB5 days ago · It’s not quite a David and Goliath scenario, but Mytheresa’s annual volume is less than half of the $2 billion in volume generated by YNAP, according to The Fashion Law website, which posted a ...