Richemont to Sell e-Commerce Business YNAP to Mytheresa — …
WEB9 hours ago · The news comes after the Swiss luxury group said in December that a previous attempt to sell YNAP fell apart after Farfetch, which was set to buy the business, faced financial difficulties ...
Richemont to sell online retailer Yoox Net-A-Porter to Mytheresa
WEB10 hours ago · YNAP is being sold to Mytheresa with a cash position of 555 million euros ($608.50 million) and no financial debt, the statement added, with the deal also provide a revolving credit facility of ...
Mytheresa Acquires Yoox Net-a-porter from Richemont - Yahoo …
WEB9 hours ago · Citi’s Thomas Chauvet said the news should be taken “positively” despite Richemont’s write-down of 1.3 billion euros, including the 550 million euros in cash which is part of the YNAP package.
Richemont Finally Offloads Yoox Net-A-Porter to German Rival
WEB9 hours ago · The deal, which comes 10 months after a previous plan to sell YNAP to rival Farfetch Ltd. collapsed, will see no cash change hands. Instead, Richemont will take a 33% stake in Mytheresa, which ...
Mytheresa to acquire Yoox Net-a-Porter from Richemont
WEB9 hours ago · Mytheresa has entered into a binding agreement to acquire 100 per cent of Yoox Net-a-Porter (YNAP) from Swiss conglomerate Richemont, the companies confirmed on Monday. It sent the Mytheresa share price up 7.75 per cent on Monday morning while the Richemont price was up 1.1 per cent. Richemont will sell YNAP with a cash position …
MYT Netherlands Parent B.V. (“Mytheresa”) and Richemont sign …
WEB3 days ago · The discontinuation of YNAP’s white label division, once the Richemont Maisons’ online stores powered by YNAP migrate to their own chosen platforms. Michael Kliger, CEO of Mytheresa, said: “I am truly excited by today’s announcement. With this transaction, Mytheresa aims to create a pre-eminent, multi-brand, digital, luxury group …
Richemont to Sell e-Commerce Business YNAP to Mytheresa
WEB8 hours ago · Richemont said Monday that it expects to book a 1.3 billion-euro ($1.43 billion) hit as a result of the deal, under which it will transfer YNAP with 555 million in cash and no debt to Mytheresa ...
Mytheresa to acquire YNAP (Pink Limited Info:CFRUY)
WEB8 hours ago · 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
MYT Netherlands Parent B.V. (“Mytheresa”) and ... - Business Wire
WEB10 hours ago · The discontinuation of YNAP’s white label division, once the Richemont Maisons’ online stores powered by YNAP migrate to their own chosen platforms. Michael Kliger, CEO of Mytheresa, said ...
Mytheresa Reaches Agreements With Richemont To Acquire YNAP …
WEB10 hours ago · Richemont will sell YNAP to Mytheresa with a cash position of 555 million euros and no financial debt, in exchange for shares to be issued by Mytheresa representing 33% of Mytheresa's fully ...
- Some results have been removed