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YNAP, Mytheresa and Richemont
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.
M&A News: Mytheresa (MYTE) Will Buy Richemont’s YNAP for €555M
Richemont ($CFRUY) announced on Monday that it will sell its online luxury clothing and accessories subsidiary, Yoox Net-A-Porter (YNAP), to
Mytheresa to acquire YNAP
Mytheresa (MYTE) to acquire 100% of the share capital of YNAP, from Richemont (CFRUY), with a cash position of €555M and no financial debt in exchange for shares to be issued by Mytheresa
Mytheresa Acquires YNAP, Expands Luxury Empire
MYT Netherlands (MYTE) has released an update. MYT Netherlands Parent B.V., commonly known as Mytheresa, has struck a deal to acquire online luxury fashion retailer YOOX NET-A-PORTER from Richemont in exchange for a 33% equity stake in Mytheresa.
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.
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 become the new owner of YNAP with a €555 million EUR ($609 million USD) cash position and no financial debt.
Is Mytheresa set to acquire YNAP?
After what has been a long and, seemingly, tedious sales process, Swiss luxury giant Richemont may have finally found a buyer for its loss-making e-commerce
Mytheresa Acquires YNAP from Richemont
Mytheresa will hand part of its shares to Richemont, while the off-price divisions, Yoox and The Outnet, will be separated from the luxury business following the acquisition.
5d
Richemont Lends A Helping Hand For Mytheresa To Acquire Yoox Net-A-Porter
Richemont has come to an agreement for Mytheresa to acquire its online YNAP business, including Net-A-Porter, Mr Porter, Yoox ...
voguebusiness
5d
YNAP’s off-price division is in free fall. Can Mytheresa save it?
Mytheresa is planning on creating a separate infrastructure for off-price sites Yoox and The Outnet. Analysts say it’s a ...
Retail TouchPoints
7d
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 ...
7d
Updated: Net-a-Porter owner YNAP snapped up by MyTheresa
Luxury conglomerate Richemont has agreed to sell its Yoox Net A Porter business to German ecommerce platform MyTheresa in ...
TechCentral
7d
Richemont offloads troubled online retailer YNAP
Richemont has finally struck a deal to offload its troubled online business, Yoox Net-A-Porter, to Mytheresa in exchange for ...
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Related topics
Richemont
Mytheresa
YOOX Net-a-Porter Group
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