Mytheresa and Richemont announced Mytheresa’s acquisition of YNAP, forming a global digital luxury group with distinct storefronts: Mytheresa, Net-A-Porter, and Mr Porter.
The off-price YOOX and The Outnet will be separated, and YNAP’s white label division will be discontinued.
Richemont will hold a 33 per cent stake in Mytheresa post-transaction, expected to close by mid-2025.
The off-price YOOX and The Outnet will be separated, and YNAP’s white label division will be discontinued.
Richemont will hold a 33 per cent stake in Mytheresa post-transaction, expected to close by mid-2025.
