Ynap news and trends

Richemont Hands Off YNAP to Mytheresa for $608 Million
eCommerce // October 07, 2024

Cartier owner Richemont is selling its luxury eCommerce platform Yoox Net-a-Porter to online retailer Mytheresa. The $608 million deal, announced Monday (Oct. 7), ends a monthslong search by Richemont for a new owner for Yoox Net-a-Porter (YNAP). “Mytheresa and YNAP have each earned a strong...

Yoox Net-a-Porter Wooed With $3.3B Offer
Retail // January 22, 2018

The largest shareholder in Italian online fashion retailer Yoox Net-a-Porter Group (YNAP) has put out an offer to buy the shares in the company that it doesn’t already own, industry news source Business of Fashion reported. Switzerland-based luxury goods holding company Richemont — which entered into an...

IBM Partners With YOOX NET-A-PORTER
Retail // March 08, 2016

Having previously declined a (reported) attempted buyout from Amazon in favor of merging with Italian retail firm YOOX, the resultant YOOX NET-A-PORTER GROUP (YNAP) has now teamed up with a big technology player. It was announced yesterday (March 7) that the online luxury fashion retailer is...

Interviews & Exclusives
Luxury Retailers Merge and Partner Their Ways Through Economic Uncertainty

October 11, 2024
The luxury goods market is witnessing a notable trend toward strategic partnerships. Rather than retreating in the face of challenges, industry players are doubling down on collaboration to fortify their positions. This week, Mytheresa announced its acquisition of YNAP from Richemont, with the goal of creating a leading global digital luxury group. This move will […]

Quick Reads
Richemont Hands Off YNAP to Mytheresa for $608 Million

October 07, 2024
Cartier owner Richemont is selling its luxury eCommerce platform Yoox Net-a-Porter to online retailer Mytheresa. The $608 million deal, announced Monday (Oct. 7), ends a monthslong search by Richemont for a new owner for Yoox Net-a-Porter (YNAP). “Mytheresa and YNAP have each earned a strong reputation in the luxury industry for their pioneering roles in […]

Yoox Net-a-Porter Wooed With $3.3B Offer

January 22, 2018
The largest shareholder in Italian online fashion retailer Yoox Net-a-Porter Group (YNAP) has put out an offer to buy the shares in the company that it doesn’t already own, industry...

IBM Partners With YOOX NET-A-PORTER

March 08, 2016
Having previously declined a (reported) attempted buyout from Amazon in favor of merging with Italian retail firm YOOX, the resultant YOOX NET-A-PORTER GROUP (YNAP) has now teamed up with a big...