Baker McKenzie-Led Online Luxury Retailer Floats $266M IPO

Law360 (January 12, 2021, 8:17 PM EST) -- The parent company for online luxury fashion retailer Mytheresa said Tuesday that it is aiming to raise at least $266 million in a U.S. initial public offering guided by Baker McKenzie.

MYT Netherlands Parent BV, of which Mytheresa Group GmbH is a subsidiary, said in its regulatory filings that it's launching the offering to raise money for a transaction related to a restructuring connected to Neiman Marcus' Chapter 11 bankruptcy proceedings. The online retailer's IPO float comes as the e-commerce industry has seen a boom in activity amid the coronavirus pandemic.

Led by Baker McKenzie and the firm's Amsterdam office, MYT...

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