Mytheresa circles Yoox Net-a-Porter for possible takeover bid
Luxury fashion retailer Mytheresa is reportedly among the potential bidders looking to snap up Yoox Net-a-Porter from Swiss luxury group Richemont.
Sources with knowledge of the sale process, which is being led by Goldman Sachs, said private equity firms Bain Capital and Permira are also circling the business.
The sources added that the potential bidders have âexpressed reservationsâ regarding a deal for the fashion retailer due to its ongoing losses.
Already have an account? Sign in here