Retailer Neiman Marcus Group Ltd. LLC is buying Mytheresa.com, an online luxury business.

Dallas-based Neiman is also buying the company's flagship store in Munich, where the business is headquartered. MyTheresa.com was founded by Christoph and Susanne Botschen in 2006, and sells luxury apparel and accessories to customers in more than 120 countries. Mytheresa.com was sold by Munich private equity firm Acton Capital Partners.

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