LuxExperience B.V. Announces Closing of the Sale of THE OUTNET Platform Assets

LuxExperience B.V. (NYSE: LUXE) announced on April 30, 2026, the closing of the sale of the assets powering THE OUTNET platform to The O Group LLC, now renamed The Outnet Operations US, LLC. This transaction follows a binding agreement from October 31, 2025, and the fulfillment of all necessary conditions, including regulatory approvals. The company provided a link to a press release detailing this event and mentioned that further information regarding risks and financial results can be found in their SEC filings, specifically referencing their Form 20-F filed on October 30, 2025. LuxExperience B.V. is described as a leading digital luxury group operating well-known brands such as Mytheresa, NET-A-PORTER, and MR PORTER, alongside its off-price segment, YOOX.