Mytheresa, a prominent German luxury retailer, is embarking on a bold journey of expansion by acquiring Yoox-Net-A-Porter (YNAP) from Richemont.This strategic move is poised to redefine…
Mytheresa, a leading entity in luxury retail, has embarked on a transformative journey by acquiring Yoox Net-A-Porter (YNAP) from Richemont, valued at €555 million (£465 million).…
Richemont has announced the sale of Yoox Net-a-Porter (YNAP) to MyTheresa, marking a significant shift in the luxury ecommerce landscape.This strategic business move aims to enhance…
Richemont has reached an agreement to sell its Yoox Net-a-Porter business to MyTheresa, solidifying a 33% equity exchange.The deal allows MyTheresa full ownership of YNAP, with…
The Richemont-owned Yoox Net-A-Porter Group (YNAP) has decided to exit the Chinese market, redirecting its efforts to more promising regions.This strategic move follows a series of…
Yoox Net-a-Porter, owned by Richemont, is closing its operations in China.This move is part of a strategy to prioritise investments in more profitable regions.Yoox Net-a-Porter’s Strategic…
