03 Nov 2025

"Latham & Watkins Advises LuxExperience on Sale of Assets Supporting The Outnet Platform to TheOGroup LLC"

"Latham & Watkins advised LuxExperience, a global player in digital and multi-brand luxury, on the sale of assets supporting The Outnet platform to TheOGroup LLC. The Outnet, founded in London in 2009, is a leading online destination for off-season luxury fashion, with a turnover of €260 million in fiscal year 2025. The transaction is expected to close in the first quarter of 2026, subject to regulatory conditions."

Latham & Watkins assisted LuxExperience, an international player in the digital and multi-brand luxury sector, in the sale of assets supporting the platform The Outnet to TheOGroup LLC. Founded in London in 2009, The Outnet is a leading online destination for off-season luxury fashion, with a turnover of 260 million euros in the fiscal year 2025. The closing of the transaction is expected in the first quarter of 2026, subject to the fulfillment of customary regulatory conditions. The Latham & Watkins team was led by Stefano Sciolla and Giovanni B. Sandicchi, and included Giulio Palazzo (Corporate), Milena Raffaldi (Corporate), and Matteo Crespi (Corporate). For regulatory aspects, the team comprised Cesare Milani, Irene Terenghi, and Ursula Seliciato.
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