Mila van Eeten for Mytheresa As New YNAP Acquisition Creates LuxExperience Platform AOC Fashion

Model Mila van Eeten wears the latest pieces from Aquazzura, Chloe, David Koma, Dolce & Gabbana, Khaite, Magda Butrym, Saint Laurent, Stella McCartney, Tom Ford and more, photographed by Jorin Koers [IG] for Mytheresa [IG] Hair by Alessandro Rebecchi; makeup by Carlos Saidel

The New LuxExperience Platform

Last week the Munich-based, German e-tailer Mytheresa said that about 700 employees might be impacted as the profitable e-tailer integrates Yoox-Net-a-Porter [YNAP] into the new company LuxExperience.

The acquisition positions the new luxury brands internet platform to become the largest player in luxury e-commerce. Swiss luxury conglomerate Richemont, YNAP’s previous owner, is footing the bill by recapitalising YNAP with €555 million in exchange for a 33 percent stake in Mytheresa, and an additional €100 million six-year revolving credit facility.