Cartier owner Richemont agreed to sell its e-commerce business Yoox Net-A-Porter to luxury online platform Mytheresa, nearly a year after a previous attempt at offloading the loss-making business ...
SHOP THE MYTHERESA SALE NOW Lucky for us, Mytheresa has historically delivered significant discounts both on Black Friday ...
Mytheresa will be acquiring Yoox Net-a-Porter (YNAP) from Swiss conglomerate Richemont. The equity deal will see Mytheresa become the new owner of YNAP with a €555 million EUR ($609 million USD ...
Richemont’s shareholding in Mytheresa will be subject to a one-year lock-up period following transaction closing, followed by a further one-year period in which only certain limited sale ...
Richemont has outperformed luxury peers YTD, as it has maintained sales levels in a weak market. Read what prompts a Hold ...
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 ...
In a transformative move, Richemont has announced the sale of its online luxury clothing and accessories subsidiary, Yoox Net-A-Porter (YNAP), to MYT Netherlands Parent (Mytheresa) for €555 ...
Cartier owner Richemont agreed to sell its e-commerce business Yoox Net-A-Porter to luxury online platform Mytheresa in an all-share deal, nearly a year after it scrapped a previous sale of the ...
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 is ...
SHOP THE MYTHERESA SALE NOW Lucky for us, Mytheresa has historically delivered significant discounts both on Black Friday itself and over the whole 'Cyber Weekend'. For 2024, the event is set to take ...