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Mytheresa, 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.
Richemont to sell struggling Yoox Net-a-Porter to Mytheresa
Richemont has agreed to sell its struggling digital business Yoox Net-a-Porter to online retailer Mytheresa, drawing a line under a failed venture that has cost the Swiss luxury group billions of euros.
Mytheresa to Acquire Yoox Net-a-Porter From Richemont
Mytheresa and Richemont announced that the companies have entered into binding agreements to acquire 100 percent of the share capital of YNAP by Mytheresa. The transaction aims to be a global, multi-brand, digital luxury group offering a curated collection of luxury brands and products to a global consumer.
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 Reaches Agreements With Richemont To Acquire YNAP - Quick Facts
MYT Netherlands Parent B.V. or Mytheresa (MYTE) and Richemont have entered into binding agreements for the acquisition of 100% of the
MYT Netherlands Parent B.V. (“Mytheresa”) and Richemont sign agreement for Mytheresa to acquire YOOX NET-A-PORTER
Mytheresa (NYSE:MYTE) and Richemont (SWX:CFR) announce that they have entered into binding agreements for the acquisition of 100% of the share capital
Mytheresa Acquires Yoox Net-a-porter 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.
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
3h
on MSN
Richemont offloads online retailer Yoox Net-A-Porter to Mytheresa
By John Revill ZURICH (Reuters) -Cartier owner Richemont has agreed to sell its loss-making Yoox Net-A-Porter online fashion ...
News24
20m
Richemont takes 'proper bath' as it finally offloads struggling online retailer
Less than a year after it scrapped a deal to sell part of the struggling luxury e-commerce platform Yoox-Net-A-Porter to ...
2h
Heard on the Street: Cartier’s Owner Pays For an Expensive Digital Detox
The final bill has arrived for Richemont’s 14-year online shopping spree: $4.2 billion of write-downs. Cartier’s Swiss owner ...
Cosmetics Business
2h
Mytheresa snaps up Yoox Net-a-Porter from Richemont
Mytheresa, Net-a-Porter and Mr Porter will form YNAP’s luxury division, while Yoox and The Outnet will be run separately, and ...
The Sunday Business Post
6h
Richemont finally offloads Yoox Net-A-Porter to German rival
Richemont has finally struck a deal to offload its troubled online business Yoox Net-A-Porter to Mytheresa in exchange for ...
6d
Emmanuel Perrin, CEO Of Richemont’s TimeVallée, On First U.S. Location
With the first American TimeValle'e store opening in New Jersey and operated by The Kodak Group, the company brings ...
5d
This New Richemont-backed Platform Is Putting All Things Handmade at Your Fingertips
Via Arno, a new Richemont-backed service rolling out later this year, is making all that possible, connecting consumers, ...
3d
on MSN
Mytheresa Seen Nearing a Deal for YNAP
Sources are buzzing that luxury e-commerce site Mytheresa is closing in on an acquisition of the troubled Yoox Net-a-porter e ...
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Mytheresa
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YOOX Net-a-Porter Group
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