Retail Asia on MSN6d
Mytheresa to acquire YNAP from RichemontThe deal is set to close in the first half of 2025. Luxury e-commerce platform Mytheresa has signed a binding agreement to ...
Earlier this week, Mytheresa made headlines with the announcement of its acquisition of the struggling Yoox Net-a-Porter (YNAP) from luxury conglomerate Richemont for €555 million (US$609 million).
Richemont's exposure to China's stimulus could benefit sales, but tensions raise concerns. Learn more about CFRHF stock and ...
Mytheresa has lately outperformed other multi-brand luxury sites. Last month it was the only big one to have more visitors ...
In one move, Mytheresa becomes the biggest player in luxury e-commerce with a combined gross merchandise value of nearly ...
The exhibition, titled Superfine: Tailoring Black Style, will serve as the theme for the next edition of Fashion’s Biggest ...
Mytheresa will take over YNAP with a €555 million EUR ($609 million USD) cash and zero debt. Additionally, Mytheresa will receive a €100 million EUR ($109 million USD) credit from Richemont ...
M&As, from Mytheresa taking YNAP to Frasers getting into Mulberry, via Evoco buying Manebì and Y/Project looking for partners ...
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