Clothing & Shoes
Yoox Net-A-Porter to be acquired by Mytheresa in €555m deal
Following the move, Mytheresea plans to incorporate YNAP’s Luxury division into the business to form one group with three storefronts
Mytheresa has signed a deal to acquire Yoox Net-A-Porter (YNAP) from Richemont for €555m (£464m).Following the deal, Richemont will acquire a 33% stake in Mytheresa, while Mytheresa will acquire 100% of the share capital of YNAP.
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