Marketplace Universe News 14.10.2024 – Mytheresa takes over Yoox Net-a-porter / Zalando and About You increase forecasts / Shein is the largest fashion store in the UK
Mytheresa has signed a deal to acquire its larger, but insolvent rival Yoox Net-a-porter for 555 million euros. The two platforms will remain separate on the front end side, but work together closely behind the scenes. Together, Mytheresa und YNAP generate a GMV of 3 billion euros.