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- Yoox Net-a-Porter Group
Yoox Net-a-Porter Group Acquisition & Valuation
Yoox Net-a-Porter Group was acquired by mytheresa.com for $599M in October 2024, a 0.3x multiple on $2.1B of revenue.
Yoox Net-a-Porter Group acquisition price
$599M
Acquired by mytheresa.com · Oct 2024
Yoox Net-a-Porter Group revenue at acquisition
$2.1B
Last twelve months · Oct 2024
Yoox Net-a-Porter Group revenue multiple at acquisition
0.3x
EV/Revenue · Oct 2024
Key investors in Yoox Net-a-Porter Group
Farfetch
Symphony Global
About Yoox Net-a-Porter Group
Yoox Net-a-Porter Group is a London-headquartered luxury e-commerce retailer owned by Richemont since its 2018 acquisition. It operates flagship sites NET-A-PORTER for womenswear, MR PORTER for menswear, and multi-brand platforms like Yoox for in-season and off-season fashion. The group ships to over 170 countries, curating collections from brands such as Gucci, Saint Laurent, and Burberry through data-informed personalization engines.
Founded
2000
HQ
Website
Status
Acquired
Customer focus
B2C
Revenue model
Product sales
Revenue
$2.1B (Oct 2024)
Valuation
$599M (acquired Oct 2024)
Yoox Net-a-Porter Group Acquisition
Yoox Net-a-Porter Group was acquired by mytheresa.com for $599M on 3 October 2024.
The acquisition price implies a 0.3x revenue multiple on $2.1B of revenue.
Mytheresa, a luxury multi-brand e-commerce platform that generated €913.6 million in gross merchandise value in fiscal year 2024, acquired 100% of Yoox Net-a-Porter (YNAP) from Richemont for €555 million (approximately $610 million) in a transaction announced in October 2024 and completed in April 2025. YNAP operates four distinct retail brands—Net-a-Porter, Mr. Porter, Yoox, and The Outnet—which serve different luxury market segments. The combined entity operates under a new holding company called LuxExperience B.V., positioning the group to generate approximately €3 billion in annual GMV immediately post-close, with medium-term targets of €4 billion GMV and over 8% adjusted EBITDA margins. The strategic rationale centers on creating a leading global digital luxury platform with complementary, differentiated storefronts that together offer unprecedented reach and relevance to luxury customers and brand partners. Mytheresa will achieve significant synergies through a shared technology infrastructure and back-office platform while maintaining distinct brand identities and positioning. The transaction included Richemont receiving a 33% equity stake in the combined Mytheresa entity and providing a €100 million revolving credit facility to YNAP for six years. Richemont anticipated a €1.3 billion asset write-down following the transaction. Post-acquisition, the five brands—Mytheresa, Net-a-Porter, Mr. Porter, Yoox, and The Outnet—will operate under a streamlined structure with the off-price division (Yoox and The Outnet) separated from the luxury division for a simpler operating model. YNAP's white label service business will be discontinued as Richemont Maisons' online stores are migrated to alternative platforms.
| Acquirer | Date | Type | Price | EV/Revenue |
|---|---|---|---|---|
| 3 Oct 2024 | Strategic M&A | $599M | 0.3x |
Yoox Net-a-Porter Group Funding History
Yoox Net-a-Porter Group has 1 recorded secondary share sale and no primary funding rounds.
Yoox Net-a-Porter Group funding rounds
| Date | Stage | Investors | Raised |
|---|---|---|---|
| Aug 2022 | Secondary | Farfetch (lead); Symphony Global | $2.7B |
Who has invested in Yoox Net-a-Porter Group?
2 investors have backed Yoox Net-a-Porter Group across its funding rounds, including Farfetch and Symphony Global.
Lead investors include Farfetch.
Yoox Net-a-Porter Group Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
This data is available for Pro users. Sign up to see all 2 Yoox Net-a-Porter Group investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialAcquisitions by Yoox Net-a-Porter Group
Yoox Net-a-Porter Group has acquired 1 company to date.
Last acquisition by Yoox Net-a-Porter Group was on March 31st 2015. Yoox Net-a-Porter Group acquired Net-a-porter.com for $1.6B.
Latest Acquisitions by Yoox Net-a-Porter Group
| Description | Net-a-Porter.com is a London-headquartered online luxury fashion retailer offering over 800 designer brands including Gucci, Prada, and Bottega Veneta. Launched in 2000, it ships to 170 countries with same-day delivery in London, New York, and Hong Kong. Acquired by Richemont in 2015 as part of Yoox Net-a-Porter, the site features editorial content from Vogue contributors and personalized styling services. It reported 1.4 billion pounds in sales for its group in 2022, emphasizing sustainable collections. |
| HQ Country | |
| HQ City | London |
| Deal Date | 31 Mar 2015 |
| Valuation | $1.6B |
| EV/Revenue | |
| EV/EBITDA | |
This data is available for Pro users. Sign up to see all Yoox Net-a-Porter Group acquisitions and their M&A valuation multiples. Start Free Trial | |
Yoox Net-a-Porter Group Competitors
Yoox Net-a-Porter Group competitors include listed companies like THG, Bukalapak.com and Wish, and private ones like Fancy, Lamoda and Rue Gilt Groupe.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | - | - | $600M | - | ||
| Private | - | - | $577M | - | ||
| Publicly listed | $2.3B | $133M | $573M | 0.5x | ||
| Private | - | - | $560M | - | ||
| Publicly listed | $367M | $139M | $544M | - | ||
| Publicly listed | - | ($31M) | $681M | - |
Yoox Net-a-Porter Group Public Comps
Yoox Net-a-Porter Group is no longer listed, but its public comps include Betterware de Mexico, Cars.com, THG, Dmall, Akso Health, DocMorris, Bukalapak.com, AO World, Debenhams Group and Wish.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $829M | $152M | 1.2x | 1.1x | 6.6x | 5.4x | |||
| $723M | $157M | 1.4x | 1.4x | 6.5x | 4.8x | |||
| $2.3B | $133M | 0.5x | 0.5x | 9.2x | 9.7x | |||
| $332M | $21M | 1.6x | 1.5x | 24.8x | 20.8x | |||
| $14M | ($18M) | 46.5x | - | (35.1x) | - | |||
| $1.4B | ($73M) | 0.6x | 0.6x | (11.6x) | (23.8x) | |||
| $367M | $139M | - | - | - | - | |||
| $1.7B | $103M | 0.4x | 0.4x | 6.4x | 6.0x | |||
This data is available for Pro users. Sign up to see all Yoox Net-a-Porter Group competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Yoox Net-a-Porter Group
| When was Yoox Net-a-Porter Group founded? | Yoox Net-a-Porter Group was founded in 2000. |
| Where is Yoox Net-a-Porter Group headquartered? | Yoox Net-a-Porter Group is headquartered in London, United Kingdom. |
| Is Yoox Net-a-Porter Group publicly listed? | No, Yoox Net-a-Porter Group was acquired by mytheresa.com in October 2024. |
| Who acquired Yoox Net-a-Porter Group? | Yoox Net-a-Porter Group was acquired by mytheresa.com in October 2024. |
| How much was Yoox Net-a-Porter Group acquired for? | Yoox Net-a-Porter Group was acquired for $599M in October 2024, a 0.3x revenue multiple. |
| Who are Yoox Net-a-Porter Group's investors? | Yoox Net-a-Porter Group's investors include Symphony Global and Farfetch. |
| Which companies are comparable to Yoox Net-a-Porter Group? | Companies comparable to Yoox Net-a-Porter Group include Fancy, Lamoda, THG, Rue Gilt Groupe, Bukalapak.com and Wish. |
| How many companies has Yoox Net-a-Porter Group acquired? | Yoox Net-a-Porter Group has acquired 1 company, including Net-a-porter.com. |
| What was the largest acquisition by Yoox Net-a-Porter Group? | The $1.6B acquisition of Net-a-porter.com in March 2015 is the largest acquisition Yoox Net-a-Porter Group has made to date. |
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