POST-PANDEMIC HANGOVER: Richemont has had to pay Mytheresa to take trouble child Yoox Net-a-Porter off its hands

5 months ago 45

Rather than offloading the lossmaking online fashion platform, the Swiss luxury goods group has taken on a 33% share in Mytheresa to take Yoox Net-a-Porter off its hands. But Richemont will retain a significant say in the business.

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POST-PANDEMIC HANGOVER: Richemont has had to pay Mytheresa to take trouble child Yoox Net-a-Porter off its hands

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