Richemont Offloads Yoox Net-A-Porter to Germany’s Mytheresa
WEB2 days ago · In this article: CFRUY. (Bloomberg) -- Richemont agreed to offload its troubled online fashion business Yoox Net-A-Porter to Mytheresa in exchange for shares in the German e-commerce company. Most ...
MYT Netherlands Parent B.V. (“Mytheresa”) and Richemont sign …
WEB2 days ago · In addition, Richemont operates NET-A-PORTER, MR PORTER, THE OUTNET, YOOX and the OFS division. Richemont ‘A’ shares are listed and traded on the SIX Swiss Exchange, Richemont’s primary ...
Richemont offloads online retailer Yoox Net-A-Porter to Mytheresa
WEB2 days ago · ZURICH, Oct 7 (Reuters) - Cartier owner Richemont (CFR.S), opens new tab has agreed to sell its loss-making Yoox Net-A-Porter online fashion and accessories business to Mytheresa (0FVy.MU), opens ...
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 ...
Richemont Lends A Helping Hand For Mytheresa To Acquire Yoox …
WEB1 day 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 ...
Richemont Finally Offloads Yoox Net-A-Porter to German Rival
WEB2 days ago · October 7, 2024 at 3:52 AM EDT. Richemont agreed to offload its troubled online fashion business Yoox Net-A-Porter to Mytheresa in exchange for shares in the German e-commerce company. The deal ...
MYT Netherlands Parent B.V. (“Mytheresa”) and Richemont sign …
WEB2 days ago · In addition, Richemont operates NET-A-PORTER, MR PORTER, THE OUTNET, YOOX and the OFS division. Richemont ‘A’ shares are listed and traded on the SIX Swiss Exchange, Richemont’s primary listing, and are included in the Swiss Market Index ('SMI') of leading stocks. The ‘A’ shares are also traded on the JSE Johannesburg Stock Exchange ...
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 ...
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 …
Richemont announces deal to sell Yoox Net-A-Porter - RTÉ
WEB2 days ago · Cartier-owner Richemont has agreed to sell its Yoox Net-A-Porter (YNAP) online fashion and accessories business to Mytheresa in exchange for a 33% stake in the German luxury fashion platform, it ...