Richemont has come to an agreement for Mytheresa to acquire its online YNAP business, including Net-A-Porter, Mr Porter, Yoox ...

Cartier owner Richemont agreed to sell its e-commerce business Yoox Net-A-Porter to luxury online platform Mytheresa.

Mytheresa will hand part of its shares to Richemont, while the off-price divisions, Yoox and The Outnet, will be separated ...

In one move, Mytheresa becomes the biggest player in luxury e-commerce with a combined gross merchandise value of nearly ...

Richemont has agreed to sell its struggling digital business Yoox Net-a-Porter to online retailer Mytheresa, drawing a line ...

The deal allows Richemont to part ways with YNAP, of which it took control in 2018. The Swiss luxury group has been seeking a buyer for YNAP in recent years after the business struggled to turn a ...

Richemont has entered a binding agreement with Mytheresa for the acquisition of 100% of the share capital of Yoo-Net-A-Porter ...

Richemont will also extend a €100m revolving credit facility to YNAP. This sale comes 10 months after a prior attempt to sell ...

Richemont has agreed to sell its Yoox Net-a-Porter (YNAP) business to MYT Netherlands Parent BV, parent of e-commerce ...

Richemont has finally struck a deal to offload its troubled online business, Yoox Net-A-Porter, to Mytheresa in exchange for ...

Mytheresa will be acquiring Yoox Net-a-Porter (YNAP) from Swiss conglomerate Richemont. The equity deal will see Mytheresa ...

Michael Kliger, CEO of Mytheresa, said the deal will transform the e-commerce platform into a "pre-eminent, multibrand, ...