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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.
Richemont sells YNAP to MyTheresa parent, takes stake in new venture
Richemont has agreed to sell its Yoox Net-a-Porter (YNAP) business to MYT Netherlands Parent BV, parent of e-commerce platform MyTheresa.
voguebusiness
5h
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 ...
TipRanks on MSN
14h
M&A News: Mytheresa (MYTE) Will Buy Richemont’s YNAP for €555M
Richemont ($CFRUY) announced on Monday that it will sell its online luxury clothing and accessories subsidiary, Yoox ...
15h
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 ...
The Global Legal Post
9h
Six law firms advise on Richemont’s sale of Yoox Net-a-Porter to Mytheresa
Slaughters, Cravath, Bakers and Latham among firms advising on long-awaited offloading of online luxury retailer ...
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 ...
20h
on MSN
Richemont finally sells YNAP in €555m deal: Reshapes the luxury e-commerce landscape
Richemont will also extend a €100m revolving credit facility to YNAP. This sale comes 10 months after a prior attempt to sell ...
1d
on MSN
Michael Kliger on What's Ahead for YNAP Under Mytheresa Ownership and Why YNAP Floundered
Mytheresa's CEO says back-of-the-house integration of Yoox Net-a-porter will increase profitability and reduce complexities.
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