Mytheresa: Who is Yoox Net-a-Porter’s new German luxury owner?

MyTheresa boxes

Source: MyTheresa

This morning’s announcement that luxury fashion retailer Mytheresa is acquiring Yoox Net-a-Porter brings parent company Richemont’s turbulent chapter spent trying to offload it to a close. Retail Week takes a look at the German luxury brand that has been thriving while other players flounder, as well as what the deal means for both businesses moving forward.

Mytheresa announced this morning it has entered into an agreement to acquire 100% of Yoox Net-a-Porter from Swiss luxury giant Richemont.

 

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