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Switzerland

Mytheresa frees Richemont from Yoox Net-a-Porter

Mytheresa frees Richemont from Yoox Net-a-Porter
The rumors had been circulating for a while, but now it’s official: Mytheresa wants to acquire industry peer Yoox Net-a-Porter from Richemont. This will create a “leading, global, multi-brand digital luxury group”, according to the involved parties. As part of the deal, Richemont will acquire a 33 percent stake in the rapidly growing Mytheresa.
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Zalando introduces body measurement feature

Zalando introduces body measurement feature
Zalando launches a body measurement feature to assist customers in the DACH region in finding their right size. They receive size advice based on their measurement by taking two pictures of themselves. With this tool, size-related returns should be reduced.
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