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German brand Mytheresa finalises takeover of YNAP from Richemont
Mytheresa has completed its acquisition of YNAP from Richemont, making it YNAP’s sole shareholder. The merged entity, renamed LuxExperience B.V., will be listed on the NYSE under the ticker 'LUXE' from May 1, 2025. Richemont receives a 33 per cent stake in Mytheresa. The move aims to strengthen Mytheresa’s position in global digital luxury retail.
Mytheresa has completed its acquisition of YNAP from Richemont, making it YNAP’s sole shareholder.
The merged entity, renamed LuxExperience B.V., will be listed on the NYSE under the ticker 'LUXE' from May 1, 2025.
Richemont receives a 33 per cent stake in Mytheresa.
The move aims to strengthen Mytheresa’s position in global digital luxury retail.
