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Mytheresa, Richemont and 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 has had to pay Mytheresa to take trouble child Yoox Net-a-Porter off its hands
Rather than offloading the lossmaking online fashion platform, the Swiss luxury goods group has taken on a 33% share in Mytheresa to take Yoox Net-a-Porter off its hands. But Richemont will retain a significant say in the business.
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
1d
on MSN
Richemont to Sell YNAP to Mytheresa
Cartier owner Richemont agreed to sell its e-commerce business Yoox Net-A-Porter to luxury online 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 ...
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 ...
6h
Strategic Divestiture Bolsters Richemont’s Market Position: A Buy Rating by Rogerio Fujimori
Compagnie Financiere Richemont SA (CFR – Research Report), the Consumer Cyclical sector company, was revisited by a Wall Street analyst ...
Professional Jeweller
1d
Richemont reaches sale agreement for underperforming YNAP
Richemont has entered a binding agreement with Mytheresa for the acquisition of 100% of the share capital of Yoo-Net-A-Porter ...
1d
Mytheresa to acquire YNAP
Mytheresa (MYTE) to acquire 100% of the share capital of YNAP, from Richemont (CFRUY), with a cash position of €555M and no ...
1d
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 ...
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