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LuxExperience Announces Successful Closing of the Sale of the Set of Assets Powering THE OUTNET Platform (“THE OUTNET Assets”)

$LUXEPress releaseApr 30, 2026, 4:05 PM ETRead the release

LuxExperience successfully closed the sale of the assets powering THE OUTNET platform to The O Group LLC, now renamed The Outnet Operations US, LLC. The transaction concludes the agreement originally announced on October 31, 2025, having received all required unconditional regulatory approvals.

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