Mytheresa has announced it will complete its acquisition of Yoox Net-a-Porter (YNAP) on April 23. Following the transaction, Mytheresa’s parent company will be renamed LuxExperience BV, and its New York Stock Exchange ticker symbol will change to “LUXE.” The group and its retail brands will also undergo a leadership restructuring: Michael Kliger will serve as Group CEO and Managing Director, Heather Kaminetsky will become CEO of Net-a-Porter, and Toby Bateman will return to Mr Porter as CEO. Mytheresa stated that the acquisition will support its goal of building a leading online luxury group with an annual gross merchandise value (GMV) of approximately 3 billion euros ($3.3 billion).