On-line luxurious style retailer MyTheresa plans NYSE itemizing -sources

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On-line luxurious style retailer MyTheresa plans NYSE itemizing -sources

By Alexander Hübner and Arno Schuetze


By Alexander Hübner and Arno Schuetze

MUNICH/FRANKFURT, Feb 13 (Reuters)On-line luxurious style retailer MyTheresa plans to record on the New York Inventory Change, making the most of strong fairness markets, folks near the matter mentioned.

Its proprietor Neiman Marcus is working with Morgan Stanley MS.N on the deliberate itemizing, which might happen as early as April, they added.

The buyout fund Ares, which owns Neiman Marcus, and Morgan Stanley declined to remark, whereas MyTheresa was not out there for remark.

The agency, which sells garments from 250 of the world’s most covetable style manufacturers together with Prada, Gucci, Burberry and Dolce&Gabbana, could also be valued at round $500 million in a possible deal, one of many sources mentioned.

MyTheresa friends equivalent to Zalando ZALG.DE, World Style GFG.DE and Asos ASOS.L are listed in Europe, however the agency continues to be choosing an inventory in New York, the sources mentioned, following fellow on-line style…



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