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In merger of luxury ecommerce rivals, Mytheresa acquires Yoox Net-A-Porter from Richemont

October 8, 2024

Net-A-Porter was once the darling of the luxury ecommerce world. Image credit: Net-A-Porter Net-A-Porter was once the darling of the luxury ecommerce world. Image credit: Net-A-Porter

 

By Luxury Roundtable Intelligence

Online retailers and Richemont have signed an agreement for Mytheresa to acquire Yoox Net-A-Porter to create a leading, global, multi-brand digital luxury group in exchange for a 33 percent equity stake in Mytheresa.

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