MYTE Stock Recent News

LUXPERIENCE BV (LUXE) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

MYT Netherlands Parent B.V. (“Mytheresa”) and Richemont  announce the successful completion of Mytheresa's acquisition of YOOX NET-A-PORTER (“YNAP”)

MUNICH & GENEVA--(BUSINESS WIRE)--Mytheresa (NYSE:MYTE) successfully closed its acquisition of YNAP from Richemont (SWX:CFR), through its subsidiary Richemont Italia Holding S.P.A., following the fulfillment of all conditions including receipt of all unconditional approvals from the relevant regulatory authorities. Mytheresa is now YNAP's sole shareholder which it will fully consolidate under the MYT Netherlands Parent B.V. umbrella. The company will be renamed “LuxExperience B.V.” and will con.

MUNICH--(BUSINESS WIRE)--MYT Netherlands Parent B.V. (NYSE:MYTE) (“Mytheresa”) today announced the date for the release of its third quarter fiscal year 2025 ended March 31, 2025 financial results. Third Quarter Fiscal Year 2025 Earnings Call and Webcast Mytheresa will release third quarter fiscal year 2025 financial results before the U.S. market open on May 14, 2025. A conference call to discuss its results will follow at 8:00am Eastern Time that same day. Those wishing to participate via web.

MUNICH--(BUSINESS WIRE)--MYT Netherlands Parent B.V. today announced that it is changing its name to LuxExperience B.V. and will begin trading under a new ticker symbol, “LUXE”, on the New York Stock Exchange on May 1, 2025. Under the umbrella of “LuxExperience B.V.”, the brands Mytheresa, NET-A-PORTER, MR PORTER, YOOX and THE OUTNET will offer highly curated and strongly differentiated selections of the most prestigious brands for luxury customers with unprecedented reach and relevance. ABOUT.

MUNICH--(BUSINESS WIRE)--MYT Netherlands Parent B.V. (NYSE:MYTE) (the "Company") announces a new senior leadership team for the combined group effective upon closing of the acquisition of YOOX NET-A-PORTER. The new leadership team has been nominated to drive and create the leading, luxury multi-brand digital group for true luxury enthusiasts around the globe. The new group will encompass some of the most iconic and loved store brands in the world: NET-A-PORTER, MR PORTER, YOOX, THE OUTNET and M.

MYT Netherlands Parent B.V. (“Mytheresa”) receives final regulatory clearance to acquire YOOX NET-A-PORTER (“YNAP”) from Richemont, with closing planned for 23 April 2025

MUNICH & GENEVA--(BUSINESS WIRE)--Today, Mytheresa (NYSE:MYTE) received the unconditional merger control clearance from the European Commission for the acquisition of YNAP from Richemont (SWX:CFR), through its subsidiary Richemont Italia Holding S.P.A.. Mytheresa and Richemont have now received all other necessary approvals from regulatory authorities and plan to close the transaction on 23 April 2025. On 7 October 2024, Mytheresa and Richemont signed binding agreements for the acquisition by M.

MYT Netherlands Parent (MYTE) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

MYT Netherlands Parent B.V. is acquiring YOOX-Net-a-Porter (YNAP) from Richemont, aiming to become a $4 billion GMV luxury e-commerce giant by 2030. Richemont will provide MYTE with a $106 million working capital facility and $590 million in cash, minimizing MYTE's financial risk in the acquisition. MYTE's disciplined inventory management and high-end customer focus position it well to turn around YNAP's brands, despite current losses and market challenges.