By Alexander Hübner and Arno Schuetze
By Alexander Hübner and Arno Schuetze
MUNICH/FRANKFURT, Feb 13 (Reuters) – On-line luxurious vogue retailer MyTheresa plans to listing on the New York Inventory Trade, profiting from sturdy fairness markets, individuals 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 accessible for remark.
The agency, which sells garments from 250 of the world’s most coveted vogue 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 Trend GFG.DE and Asos ASOS.L are listed in Europe, however the agency is choosing a list in New York, the sources mentioned, following fellow on-line vogue retailers…