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Mytheresa, YNAP and Richemont

The Wall Street Journal on MSN · 14h

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.

Seeking Alpha · 13h

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

Hypebeast · 6h

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.

1hon MSN

Michael Kliger on What's Ahead for YNAP Under Mytheresa Ownership and Why YNAP Floundered

Mytheresa's CEO says back-of-the-house integration of Yoox Net-a-porter will increase profitability and reduce complexities.

Retail TouchPoints5h

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 ...

6hon MSN

What's Going On With MYT Netherlands Shares Monday?

MYT Netherlands Parent B.V., also known as Mytheresa, stock is trading higher after it entered into a binding agreement with ...

15h

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 ...

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