Mytheresa is making strategic moves with the acquisition of Yoox-Net-A-Porter (YNAP) from Richemont.The deal signifies a major shift in the…
Browsing: Richemont
Mytheresa is set to acquire Yoox-Net-A-Porter (YNAP) from Richemont for €555m (£465m), taking a 33% stake in Mytheresa.Richemont plans to…
Richemont has confirmed the sale of its Yoox Net-a-Porter division to MyTheresa, a transaction poised to reshape the digital luxury…
Luxury ecommerce takes a new turn as Richemont sells YNAP to MyTheresa.YNAP will be owned entirely by MyTheresa, solidifying its…
In a strategic shift, Yoox Net-A-Porter (YNAP) is retreating from the Chinese market to concentrate on more profitable areas, reflecting…