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Mytheresa, Richemont and Yoox Net-a-Porter
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.
Richemont to sell struggling Yoox Net-a-Porter to Mytheresa
Richemont has agreed to sell its struggling digital business Yoox Net-a-Porter to online retailer Mytheresa, drawing a line under a failed venture that has cost the Swiss luxury group billions of euros.
Mytheresa Acquires Yoox Net-a-porter From Richemont
Michael Kliger, CEO of Mytheresa, said the deal will transform the e-commerce platform into a "pre-eminent, multibrand, digital luxury group" with a potential gross merchandise value of 4 billion euros.
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 (YNAP)
Mytheresa snaps up Yoox Net-a-Porter from Richemont
Mytheresa, Net-a-Porter and Mr Porter will form YNAP’s luxury division, while Yoox and The Outnet will be run separately, and YNAP’s white label division discontinued
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.
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 platform MyTheresa.
MYT Netherlands Parent B.V. (“Mytheresa”) and Richemont sign agreement for Mytheresa to acquire YOOX NET-A-PORTER
Mytheresa (NYSE:MYTE) and Richemont (SWX:CFR) announce that they have entered into binding agreements for the acquisition of 100% of the share capital
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.
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
11h
on MSN
Cartier Owner Richemont Is Selling Its E-Commerce Business
Richemont, owner of luxury jewelers Cartier and Piaget, has finally found a buyer for its e-commerce business Yoox ...
15h
Heard on the Street: Cartier’s Owner Pays For an Expensive Digital Detox
The final bill has arrived for Richemont’s 14-year online shopping spree: $4.2 billion of write-downs. Cartier’s Swiss owner ...
Retail TouchPoints
9h
Mytheresa Acquires Yoox Net-a-Porter to Create ‘Global, Multi-Brand Digital Luxury Group’
Mytheresa has entered into a binding agreement with
Richemont
to acquire the Yoox Net-a-Porter (YNAP) business and create a ...
10h
Mytheresa To Acquire Yoox Net-a-Porter From Richemont
Mytheresa will be acquiring Yoox Net-a-Porter (YNAP) from Swiss conglomerate Richemont. The equity deal will see Mytheresa ...
6d
Emmanuel Perrin, CEO Of Richemont’s TimeVallée, On First U.S. Location
With the first American TimeValle'e store opening in New Jersey and operated by The Kodak Group, the company brings ...
5d
This New Richemont-backed Platform Is Putting All Things Handmade at Your Fingertips
Via Arno, a new Richemont-backed service rolling out later this year, is making all that possible, connecting consumers, ...
4d
on MSN
Mytheresa Seen Nearing a Deal for YNAP
Sources are buzzing that luxury e-commerce site Mytheresa is closing in on an acquisition of the troubled Yoox Net-a-porter e ...
4d
Kepler Capital Sticks to Its Buy Rating for Compagnie Financiere Richemont SA (CFR)
Kepler Capital analyst Jon Cox maintained a Buy rating on Compagnie Financiere Richemont SA (CFR – Research Report) on October 2 and set ...
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