Mytheresa Unveils New Leadership in Wake of NET-A-PORTER Acquisition

In a strategic move expected to redefine the luxury e-commerce landscape, MYT Netherlands Parent, Mytheresa's parent company, has disclosed plans for a redefined senior leadership team, leading into its acquisition of YOOX NET-A-PORTER (YNAP). Upon completion, the acquired entities will be amalgamated into LuxExperience B.V., a newly branded entity focused on creating a global luxury multi-brand digital consortium. The transaction received unconditional merger control clearance from the European Commission, and the acquisition is expected to finalize by April 23. LuxExperience is set to employ a retail-first integration strategy, maintaining distinct leadership for each brand platform to promote agility and customer-centric innovation while unifying core services for profitability. Michael Kliger, an instrumental figure in Mytheresa's ascent, will serve as Group CEO. The reshaped team includes notable appointments across the newly formed organization with leaders focused on leveraging premium experiential retailing and enhancing brand identities. The group's performance strategy includes nurturing individual brands like NET-A-PORTER, MR PORTER, YOOX, THE OUTNET, and Mytheresa, alongside strategic growth in North America and leveraging exclusive collaborations to boost financial goals.