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LuxExperience cuts 700 jobs as part of YNAP transformation plan

LuxExperience completed its acquisition of YNAP in April 2025. Image credit: YNAP LuxExperience completed its acquisition of YNAP in April 2025. Image credit: YNAP

 

Online luxury retailer LuxExperience, the parent company of Mytheresa, is implementing workforce reductions across multiple markets as it seeks to revive the fortunes of recently acquired Yoox Net-A-Porter.