MyTheresa will own 100% of the share capital of YNAP following the deal, which is due to close in the first half of 2025. Richemont is selling the business with a cash position of £463m (€555m ...

YNAP is the parent of Yoox and Net-a-porter, both competitors to Mytheresa. Munich-based Mytheresa, which is listed on the New York Stock Exchange, is a leader in selling designer and upscale ...

After what has been a long and, seemingly, tedious sales process, Swiss luxury giant Richemont may have finally found a buyer for its loss-making e-commerce platform Yoox Net-a-Porter (YNAP). It has ...

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