Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag Mytheresa acquires YNAP, forming "LuxExperience B.V.," set to trade as "LUXE" on the NYSE.

flag Mytheresa has completed its acquisition of YOOX NET-A-PORTER (YNAP) from Richemont, becoming YNAP's sole shareholder. flag The combined entity, now called "LuxExperience B.V.," will trade on the NYSE under the new symbol "LUXE" as of May 1. flag Richemont received 49.7 million shares in Mytheresa, representing 33% of the company's share capital. flag The acquisition aims to boost efficiency and synergies through shared infrastructure and technology.

5 Articles