Mytheresa acquires Yoox Net-a-Porter from Richemont, signaling a significant shift in the luxury fashion e-commerce landscape.

Mytheresa just struck a deal to acquire Yoox Net-A-Porter (YNAP) from luxury powerhouse Richemont, owner of Cartier, Piaget, Chloé, Montblanc and more. Mytheresa has favorable winds at its back ...

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.

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Richemont has agreed to sell its struggling digital business Yoox Net-a-Porter to online retailer Mytheresa ...

In one of the most viral retail announcements this year, online fashion platform Mytheresa has acquired Yoox Net-A-Porter from Swiss group Richemont. According to a brand release, Richemont sold Yoox ...

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 ...

Mytheresa has entered an agreement with Richemont to acquire the Yoox Net-a-Porter (YNAP) business and create a “multi-brand digital group of significant scale,” according to a company announcement.

(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. The deal, which comes 10 ...

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 ...

The deal is expected to complete in H1 2025. Following the transaction, Mytheresa plans to intergrade YNAP's luxury division into its own business to form one group which consists of Mytheresa, ...