{"id":956807,"date":"2026-04-30T16:21:28","date_gmt":"2026-04-30T20:21:28","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/luxexperience-announces-successful-closing-of-the-sale-of-the-set-of-assets-powering-the-outnet-platform-the-outnet-assets\/"},"modified":"2026-04-30T16:21:28","modified_gmt":"2026-04-30T20:21:28","slug":"luxexperience-announces-successful-closing-of-the-sale-of-the-set-of-assets-powering-the-outnet-platform-the-outnet-assets","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/luxexperience-announces-successful-closing-of-the-sale-of-the-set-of-assets-powering-the-outnet-platform-the-outnet-assets\/","title":{"rendered":"LuxExperience Announces Successful Closing of the Sale of the Set of Assets Powering THE OUTNET Platform (\u201cTHE OUTNET Assets\u201d)"},"content":{"rendered":"

<\/p>\n

LuxExperience Announces Successful Closing of the Sale of the Set of Assets <\/b>Powering THE OUTNET Platform (\u201cTHE OUTNET Assets\u201d)<\/b><\/p>\n

MUNICH–(BUSINESS WIRE<\/a>)–
\nToday, LuxExperience B.V. (NYSE: LUXE), the leading digital, multi-brand luxury group, announced the closing of the sale of the set of assets powering THE OUTNET platform to The O Group LLC (which has been renamed The Outnet Operations US, LLC).<\/p>\n

\nThe completion of the transaction follows the binding agreement announced on October 31, 2025 and the fulfillment of all conditions, including receipt of all unconditional approvals from the relevant regulatory authorities.<\/p>\n

\nFor further information please visit: https:\/\/investors.luxexperience.com\/news\/news-details\/2025\/LuxExperience-Has-Reached-an-Agreement-to-Sell-the-Set-of-Assets-Powering-THE-OUTNET-Platform-THE-OUTNET-Assets-Presenting-a-Tailored-Solution-for-THE-OUTNET-That-Also-Accelerates-the-Transformation-of-LuxExperience\/default.aspx<\/a><\/p>\n

FURTHER INFORMATION<\/b><\/p>\n

\nFurther information on these and other factors that could affect our financial results is included in filings we make with the U.S. Securities and Exchange Commission (\u201cSEC\u201d) from time to time, including the section titled \u201cRisk Factors\u201d included in the Form 20-F filed on October 30, 2025. These documents are available on the SEC\u2019s website at www.sec.gov<\/a> and on the SEC Filings section of the Investor Relations section of our website at: https:\/\/investors.luxexperience.com<\/a>.<\/p>\n

ABOUT LUXEXPERIENCE<\/b><\/p>\n

\nLuxExperience is the leading digital, multi-brand luxury group and the online shopping destination for luxury enthusiasts worldwide. LuxExperience operates a portfolio of some of the most distinguished store brands in digital luxury and creates communities for luxury enthusiasts with unique digital and physical experiences. Mytheresa, NET-A-PORTER and MR PORTER, jointly comprising the luxury segments of LuxExperience, offer highly curated edits of the most prestigious luxury brands across the world, featuring womenswear, menswear, kidswear, fine jewelry & watches, and lifestyle products. YOOX, which forms the off-price segment of LuxExperience, is the leading destination for multi-brand off-season online luxury shopping. The NYSE listed group operates worldwide.<\/p>\n

\nFor more information, please visit https:\/\/investors.luxexperience.com<\/a>.<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20260430510956\/en\/<\/a><\/span><\/p>\n

Investor Relations Contacts
\n
<\/b>LuxExperience B.V.
\n
Stefanie Muenz
\n
phone: +49 89 127695-1919
\n
email: investors@luxexperience.com<\/a><\/p>\n

Media Contacts for business press
\n
<\/b>LuxExperience B.V.
\n
Lisa Schulz
\n
mobile: +49 151 11216490
\n
email: lisa.schulz@luxexperience.com<\/a><\/p>\n

KEYWORDS:<\/b> Germany Europe United States North America<\/p>\n

INDUSTRY KEYWORDS:<\/b> Fashion Online Retail Retail Luxury Jewelry Specialty<\/p>\n

MEDIA:<\/b><\/p>\n\n","protected":false},"excerpt":{"rendered":"

LuxExperience Announces Successful Closing of the Sale of the Set of Assets Powering THE OUTNET Platform (\u201cTHE OUTNET Assets\u201d) MUNICH–(BUSINESS WIRE)– Today, LuxExperience B.V. (NYSE: LUXE), the leading digital, multi-brand luxury group, announced the closing of the sale of the set of assets powering THE OUTNET platform to The O Group LLC (which has been renamed The Outnet Operations US, LLC). The completion of the transaction follows the binding agreement announced on October 31, 2025 and the fulfillment of all conditions, including receipt of all unconditional approvals from the relevant regulatory authorities. For further information please visit: https:\/\/investors.luxexperience.com\/news\/news-details\/2025\/LuxExperience-Has-Reached-an-Agreement-to-Sell-the-Set-of-Assets-Powering-THE-OUTNET-Platform-THE-OUTNET-Assets-Presenting-a-Tailored-Solution-for-THE-OUTNET-That-Also-Accelerates-the-Transformation-of-LuxExperience\/default.aspx FURTHER INFORMATION Further information on these and other factors that could affect our financial results is included in filings we make with … <\/p>\n

Continue reading “LuxExperience Announces Successful Closing of the Sale of the Set of Assets Powering THE OUTNET Platform (\u201cTHE OUTNET Assets\u201d)”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-956807","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nLuxExperience Announces Successful Closing of the Sale of the Set of Assets Powering THE OUTNET Platform (\u201cTHE OUTNET Assets\u201d) - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/luxexperience-announces-successful-closing-of-the-sale-of-the-set-of-assets-powering-the-outnet-platform-the-outnet-assets\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"LuxExperience Announces Successful Closing of the Sale of the Set of Assets Powering THE OUTNET Platform (\u201cTHE OUTNET Assets\u201d) - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"LuxExperience Announces Successful Closing of the Sale of the Set of Assets Powering THE OUTNET Platform (\u201cTHE OUTNET Assets\u201d) MUNICH–(BUSINESS WIRE)– Today, LuxExperience B.V. (NYSE: LUXE), the leading digital, multi-brand luxury group, announced the closing of the sale of the set of assets powering THE OUTNET platform to The O Group LLC (which has been renamed The Outnet Operations US, LLC). The completion of the transaction follows the binding agreement announced on October 31, 2025 and the fulfillment of all conditions, including receipt of all unconditional approvals from the relevant regulatory authorities. 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