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 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…
