Mytheresa to acquire Yoox Net-a-Porter from Richemont
Oct 7, 2024 · 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.
MYT Netherlands Parent B.V. (“Mytheresa”) and Richemont sign …
Oct 7, 2024 · MYT Netherlands Parent B.V. (“Mytheresa”) and Richemont sign agreement for Mytheresa to acquire YOOX NET-A-PORTER (“YNAP”) to create leading, global, multi-brand digital luxury group in ...
Mytheresa Acquires Yoox Net-a-porter From Richemont - WWD
Oct 7, 2024 · LONDON — Mytheresa will acquire 100 percent of Yoox Net-a-porter group from Richemont with the ambition of creating a 4 billion euro online juggernaut in the luxury fashion space. Richemont is...
Mytheresa Acquires Yoox Net-a-Porter - Fashionista
Oct 7, 2024 · Luxury e-tailer Mytheresa has successfully acquired the entirety of competing platform Yoox Net-a-Porter (YNAP) from its former owner Richemont in a €555 million cash and no-financial-debt deal....
Richemont offloads online retailer Yoox Net-A-Porter to Mytheresa
Oct 7, 2024 · Richemont will take a 33% stake in German luxury fashion platform Mytheresa in exchange for 100% of the share capital of YNAP, the Swiss group said on Monday. Mytheresa will get YNAP's 555...
MYT Netherlands Parent B.V. (“Mytheresa”) and ... - Business Wire
Oct 7, 2024 · MUNICH & GENEVA, Switzerland-- (BUSINESS WIRE)--Today, Mytheresa (NYSE:MYTE) and Richemont (SWX:CFR) announce that they have entered into binding agreements for the acquisition of 100% of the...
Mytheresa is Said to Be Making a Play for Yoox Net-a-porter
Oct 3, 2024 · Sources are buzzing that luxury e-commerce site Mytheresa is closing in on an acquisition of the troubled Yoox Net-a-porter e-commerce operation, owned by Compagnie Financière Richemont.
Mytheresa Considers Going Private, Net-a-porter Deal: Sources
May 10, 2024 · Mytheresa is working with investment bankers on two fronts, sources told WWD — pitching investors on a buyout that would take the company private, and looking at acquiring Net-a-porter.
News Details - Mytheresa
Sep 12, 2024 · FINANCIAL HIGHLIGHTS FOR THE TWELVE MONTHS ENDED JUNE 30, 2024. Net sales increase to €840.9 million, a 9.8% growth from €766.0 in fiscal year 2023. GMV growth of 7.1% to €913.6 million, compared to €853.2 million in fiscal year 2023. Gross Profit margin of 45.7% compared to 49.6% in the prior year.
News Details - Mytheresa
May 15, 2024 · Excellent top-line growth with Net Sales growing +17.6% and GMV +14.7% in Q3 FY24. Mytheresa US business outperformance with record GMV growth of +41.6% and +48.3% growth of US Top Customers in Q3 FY24. Continued strong global Top Customers growth with number of Top Customers growing by +17.0% in Q3 FY24. Significant growth of Average Order ...