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LuxExperience confirms annual forecast – Mytheresa reports revenue growth

Munich-based luxury e-commerce retailer Mytheresa remains the growth engine for its parent company, LuxExperience B.V., in the third quarter of 2026. The parent company was newly formed around a year ago following the acquisition of e-commerce specialist Yoox Net-A-Porter (YNAP). Mytheresa's business continues to grow faster than the market,...

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Yoox CEO on how the platform is shifting luxury from aspiration to participation

Yoox chose Milan Design Week to present an immersive installation created in collaboration with Viennese digital artist Keta Bart. The project combines experiential design, digital art and artificial intelligence. It reinterprets one of fashion's most intimate rituals, entering and staying in the fitting room, transforming it into an opportunity...

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Yoox to rollout new visual identity in experiential-focused pivot

A year on from LuxExperience’s takeover of Yoox Net-a-porter (YNAP), changes are still being rolled out among the retailer’s off-price division, Yoox. In an interview with WWD, Yoox’s chief executive officer Mirko Nobili outlined his vision for the luxury e-tailer, which is due to embark on an experiential pivot under a new visual identity. The...

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LuxExperience: Mytheresa remains growth engine

LuxExperience, the parent company of German luxury retailer Mytheresa, has reported strong sales growth for the second quarter of 2025/26 and confirmed that the integration of the Yoox Net-A-Porter (YNAP) platforms remains on schedule. During the three months ending December 31, 2025, the Mytheresa segment generated revenue of 242.70 million...

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Yoox redundancies significantly reduced following MIMIT agreement

The collective redundancy procedure affecting Yoox employees has been withdrawn after an agreement reached at Italy’s Ministry of Enterprise and Made in Italy (MIMIT), substantially lowering the number of job losses. The settlement has reduced the planned structural redundancies by approximately 70 positions, marking a major improvement over the...

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LuxExperience: Mytheresa increases quarterly revenue by 12 percent

Online fashion retailer Mytheresa achieved a double-digit revenue increase in the first quarter of the 2025/26 financial year and significantly improved its earnings. This information was published by parent company LuxExperience B.V. in an interim report on Wednesday. The group also reported progress in integrating the Yoox Net-a-Porter (YNAP)...

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LuxExperience puts 700 jobs at risk as it plans to consolidate multiple divisions

LuxExperience, the multi-brand group formed following Mytheresa’s takeover of Yoox Net-a-Porter (YNAP), has said 700 jobs could be at risk as it plans to merge the operational and administrative structures of the YNAP brands. In a press release, the company announced that select structures within the luxury segment comprising Net-a-Porter and Mr...

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Differentiation and consolidation: How LuxExperience aims to become most successful e-commerce player

LuxExperience is on track to establish itself as a leading player in global luxury e-commerce. Following Mytheresa’s acquisition of Yoox Net-a-Porter (YNAP), which was completed on April 23, the newly formed parent company is already the largest provider in terms of company size. However, the group, previously known as MYT Netherlands Parent BV,...

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Mytheresa secures regulatory clearance for YNAP acquisition

German e-tailer Mytheresa has said that it has received clearance to acquire Yoox Net-a-Porter (YNAP) from the European Commission. With this, the company has now secured all necessary approvals from regulatory authorities to move forward with the sale and plans to close the transaction by April 23, 2025. Mytheresa had first announced its...

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Mytheresa among bidders for Yoox Net-a-Porter

Online retailer Mytheresa is understood to be among the potential bidders looking to snap up rival e-commerce business Yoox Net-a-Porter (YNAP) from luxury group Richemont. According to sources for the Financial Times (FT), German-based Mytheresa is in competition with private equity firms Bain Capital and Permira for the struggling e-tailer....

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Yoox Net-a-Porter and The Prince’s Foundation announce third edition of "The Modern Artisan"

Fashion retailer Yoox Net-a-Porter, together with The Prince’s Foundation, has announced the third edition of their talent programme “The Modern Artisan”. The Modern Artisan programme grants participants with a nine-month paid training programme, three of which will take place at the Yoox Net-A-Porter offices in London, followed by six months of...

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YNAP fined 5.25 million euros by Italian watchdog for misleading pricing

Luxury pureplayer YNAP, which operates the Net-a-Porter and Yoox e-commerce businesses, was fined 5.25 million euros by Italy’s antitrust body. The hefty fine for misleading prices came as the etailer was alleged to limit the right to return merchandise purchased between 2019 and 2022. Shoppers experienced limited rights to return merchandise...