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Richemont has had to pay Mytheresa to take trouble child Yoox Net-a-Porter off its handsRather than offloading the lossmaking online fashion platform, the Swiss luxury goods group has taken on a 33% share in ...
This week in design, Florida’s housing market is cooling off, Ikea debuts a safety-focused new range, and California passes a ...
Mytheresa is planning on creating a separate infrastructure for off-price sites Yoox and The Outnet. Analysts say it’s a ...
Slaughters, Cravath, Bakers and Latham among firms advising on long-awaited offloading of online luxury retailer ...
Slaughters, Cravath, Bakers and Latham among firms advising on long-awaited offloading of online luxury retailer ...
Richemont has come to an agreement for Mytheresa to acquire its online YNAP business, including Net-A-Porter, Mr Porter, Yoox ...
Cartier owner Richemont has agreed to sell Yoox Net-a-Porter to a German online retailer. The Swiss luxury company will swap the troubled e-commerce retailer for a 33 per cent stake in Mytheresa.
Richemont will also extend a €100m revolving credit facility to YNAP. This sale comes 10 months after a prior attempt to sell ...
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