Tag: #Mytheresa #YooxNetAPorter #Richemont #LuxuryEcommerce #MergersandAcquisitions

Mytheresa to Acquire Yoox Net-a-Porter From Richemont

In a significant move for the luxury e-commerce landscape, Mytheresa has officially signed an equity deal to acquire Yoox Net-a-Porter (YNAP) from Richemont. The transaction entails Richemont selling YNAP to Mytheresa for €555 million, with the added distinction of having no financial debt involved in the agreement. Richemont will also secure a 33 percent stake […]

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