Mytheresa's CEO says back-of-the-house integration of Yoox Net-a-porter will increase profitability and reduce complexities.
Cartier owner Richemont has agreed to sell Yoox Net-a-Porter to a German online retailer. The Swiss luxury company will swap the troubled e-commerce retailer for a 33 per cent stake in Mytheresa.
From MyTheresa's new acquisition, Jacob Elordi's Bottega Veneta campaign, and more lead today's chic news report.
Richemont will also extend a €100m revolving credit facility to YNAP. This sale comes 10 months after a prior attempt to sell ...
Mytheresa will be acquiring Yoox Net-a-Porter (YNAP) from Swiss conglomerate Richemont. The equity deal will see Mytheresa ...
MYT Netherlands Parent B.V., also known as Mytheresa, stock is trading higher after it entered into a binding agreement with ...
Richemont has entered a binding agreement with Mytheresa for the acquisition of 100% of the share capital of Yoo-Net-A-Porter ...
Luxury e-tailer Mytheresa has successfully acquired the entirety of competing platform Yoox Net-a-Porter (YNAP) from its ...
Mytheresa will be integrated with YNAP’s Luxury division, creating a unified entity with three distinct online storefronts.
Luxury group Richemont has reportedly agreed to sell its stake in luxury online retailer Yoox Net-a-Porter (YNAP) to online ...
Though the company has been loss-making for Swiss luxury group Richemont, Mytheresa plans to integrate key brands ...
Mytheresa has entered into a binding agreement with Richemont to acquire the Yoox Net-a-Porter (YNAP) business and create a ...