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 offloads online retailer Yoox Net-A-Porter to Mytheresa
By John Revill ZURICH (Reuters) -Cartier owner Richemont has agreed to sell its loss-making Yoox Net-A-Porter online fashion and accessories business to Mytheresa, ending the search for a new owner after the collapse of a previous deal last year.
Richemont Finally Offloads Yoox Net-A-Porter to German Rival
Richemont has finally struck a deal to offload its troubled online business Yoox Net-A-Porter to Mytheresa in exchange for shares in the German e-commerce company.
Mytheresa Reaches Agreements With Richemont To Acquire YNAP - Quick Facts
MYT Netherlands Parent B.V. or Mytheresa (MYTE) and Richemont have entered into binding agreements for the acquisition of 100% of the
Richemont to sell online retailer Yoox Net-A-Porter to Mytheresa
ZURICH (Reuters) -Cartier owner Richemont has agreed to sell its Yoox Net-A-Porter (YNAP) online fashion and accessories business to Mytheresa, ending the search for a new owner of loss-making YNAP after the collapse of a previous deal last year.
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.
Mytheresa Acquires Yoox Net-a-Porter
Luxury e-tailer Mytheresa has successfully acquired the entirety of competing platform Yoox Net-a-Porter (YNAP) from its former owner Richemont in a €555 million cash and no-financial-debt deal. In exchange for 100% of YNAP,
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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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 ...
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Gabriela Hearst Teams With Mytheresa to Celebrate Return to Paris Fashion Week
The New York-based designer teamed with Michael Kliger, chief executive officer of e-commerce platform Mytheresa, to host ...
Mytheresa Takes a Trip to Italy With Exclusive Collections From Moncler, Tod's and Loro Piana
Mytheresa is gearing for the winter months with a rapid-fire launch of cozy capsules from three Italian luxury brands.
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Q4 2024 MYT Netherlands Parent BV Earnings Call
Martin Beer; Chief Financial Officer, Member of the Management Board; MYT Netherlands Parent BV Michael Kliger; Chief Executive Officer, Member of the Management Board; MYT Netherlands Parent BV ...
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Details emerge as Michael Schumacher 'seen in public' for first time since tragic accident
Stricken F1 legend Michael Schumacher reportedly attended his daughter's wedding recently in what would be his first public appearance since his devastating accident 11 years ago. Schumacher ...
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MYT Netherlands Parent B.V. (NYSE:MYTE) Q4 2024 Earnings Call Transcript
With me today is our CEO, Michael Kliger. Before we begin, we'd like to remind you that our discussions today will include forward-looking statements. Any comments we make about expectations of ...