A year after the scrapped sale of the business to Farfetch, MYT Netherlands Parent B.V. (Mytheresa) and Richemont announced that they have entered into binding agreements for the acquisition of 100% of the share capital of Yoox Net-a-Porter (YNAP) by Mytheresa.WHO: Yoox Net-a-Porter (YNAP) is a leading online luxury and fashion retailer with a distinctive offering including multi-brand in-season online stores Net-a-Porter and Mr Porter, and multi-brand off-season online stores Yoox and The Outnet. YNAP has a client base of 4 million high-spending customers and over 900 million visitors worldwide. The group has offices and operations in the United States, Europe, Middle East, Japan, mainland China, and Hong Kong SAR, China. It delivers to over 170 countries around the world. In September, Net-a-Porter announced it would shutter its beauty division and move to an affiliate model linked to its publication Porter.Richemont's portfolio includes prestigious Maisons distinguished by their craftsmanship and creativity.  Richemont operates in three business areas: Jewelery Maisons with Buccellati, Cartier, Van Cleef & Arpels and Vhernier; Specialist Watchmakers with A. Lange & Söhne, Baume & Mercier, IWC Schaffhausen, Jaeger-LeCoultre, Panerai, Piaget, Roger Dubuis and Vacheron Constantin; and Other, primarily Fashion & Accessories Maisons with Alaïa, Chloé, Delvaux, dunhill, Gianvito Rossi, Montblanc, Peter Millar including G/FORE, Purdey, Serapian as well as Watchfinder & Co.Richemont "A" shares are listed and traded on the SIX Swiss Exchange, Richemont’s primary listing, and are included in the Swiss Market Index of leading stocks.