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Document 52025M11793
Prior notification of a concentration (Case M.11793 – MYTHERESA / YNAP)
Prior notification of a concentration (Case M.11793 – MYTHERESA / YNAP)
Prior notification of a concentration (Case M.11793 – MYTHERESA / YNAP)
PUB/2025/255
OJ C, C/2025/1712, 18.3.2025, ELI: http://data.europa.eu/eli/C/2025/1712/oj (BG, ES, CS, DA, DE, ET, EL, EN, FR, GA, HR, IT, LV, LT, HU, MT, NL, PL, PT, RO, SK, SL, FI, SV)
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Official Journal |
EN C series |
C/2025/1712 |
18.3.2025 |
Prior notification of a concentration
(Case M.11793 – MYTHERESA / YNAP)
(Text with EEA relevance)
(C/2025/1712)
1.
On 10 March 2025, the Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1).This notification concerns the following undertakings:
— |
MYT Netherlands Parent B.V. (‘Mytheresa’, the Netherlands), |
— |
YOOX Net-A-Porter Group S.p.A. (‘YNAP’, Italy), controlled by Compagnie Financière Richemont S.A. (Switzerland). |
Mytheresa will acquire within the meaning of Article 3(1)(b) of the Merger Regulation sole control of the whole of YNAP.
The concentration is accomplished by way of purchase of shares.
2.
The business activities of the undertakings concerned are the following:
— |
Mytheresa operates a high-end luxury fashion e-commerce platform through which it offers personal luxury multi-brand goods, |
— |
YNAP is an online retailer of luxury and fashion goods operating through its four multi-brand online stores (Net-A-Porter, Mr Porter, YOOX and The Outnet). |
3.
On preliminary examination, the Commission finds that the notified transaction could fall within the scope of the Merger Regulation. However, the final decision on this point is reserved.
4.
The Commission invites interested third parties to submit their possible observations on the proposed concentration to the Commission.Observations must reach the Commission not later than 10 days following the date of this publication. The following reference should always be specified:
M.11793 – MYTHERESA / YNAP
Observations can be sent to the Commission by email or by post. Please use the contact details below:
Email: COMP-MERGER-REGISTRY@ec.europa.eu
Postal address:
European Commission |
Directorate-General for Competition |
Merger Registry |
1049 Bruxelles/Brussel |
BELGIQUE/BELGIË |
(1) OJ L 24, 29.1.2004, p. 1 (the ‘Merger Regulation’).
ELI: http://data.europa.eu/eli/C/2025/1712/oj
ISSN 1977-091X (electronic edition)