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Mytheresa among possible bidders to buy Yoox Net-a Porter, FT reports
The Fly

Mytheresa among possible bidders to buy Yoox Net-a Porter, FT reports

Mytheresa (MYTE) is among the potential bidders seeking to buy Yoox Net-a-Porter from Richemont (CFRSF), The Financial Times’ Adrienne Klasa and Ivan Levingston report. Bain Capital and Permira have also looked at Yoox Net-a-Porter, according to people with knowledge of the process. Potential suitors have expressed concerns about a deal because of ongoing losses at Yoox Net-a-Porter, which are expected to continue in the coming years and make the business difficult to value, according to people with knowledge of the sales process.

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