Mytheresa news and archive

Mytheresa increases Q1 sales by 12 percent

For its first quarter, Mytheresa, the luxury multi-brand digital platform reported net sales increase of 12 percent on a constant currency and 6.8 percent on an IFRS basis to 187.8 million euros. The company recorded GMV growth of 8 percent on a constant currency and 3.1 percent on an IFRS basis to 204.1 million euros, while gross profit margin...

Fashion

Goldbergh x Mytheresa: The world of high-end skiwear

Goldbergh, a name synonymous with high-performance and bold design in the world of sportswear, is collaborating with Mytheresa, the renowned online luxury fashion retailer. Together they present a very limited edition that merges the worlds of high-end fashion and skiwear like never before. We are proud to be establishing an exclusive...

Fashion |Jewellery

Bucherer launches exclusive retail partnership with Mytheresa

Bucherer has announced that its jewellery brand Bucherer Fine Jewellery will be exclusively available with luxury online retailer Mytheresa, marking the brand’s first online retail partnership. The luxury e-commerce platform will offer a curated selection of Bucherer Fine Jewellery pieces from three different collections from today, September...

Business

Mytheresa reports strong Q4 GMV and sales growth, but swings to loss

Mytheresa has reported a strong increase in GMV and sales in the fourth quarter and full year as “big spending” customers continued to drive growth. The German luxury retailer posted a 13 percent increase in gross merchandise value (GMV) to 222.2 million euros in the fourth quarter ended June 30, while net sales increased 16.5 percent to 203.8...

Fashion |Interview Featured

Mytheresa Chief Buying Officer: “We don’t tend to over analyze social media trends”

The men's fashion weeks are just over, and already the next shows are taking place with the Haute Couture Week and the Fashion Week in Berlin. Time to ask the retailers about their plans for SS24. First up is Tiffany Hsu, Chief Buying Officer at Mytheresa. In this interview, the chief buyer reveals which pieces are currently popular at the...

Retail

Mytheresa and Flamingo partner on New York pop-up

In an extension of their already existing relationship, luxury retailer Mytheresa has once again paired up with lifestyle brand Flamingo Estate to open a ‘body shop’ pop-up in East Hampton, New York. Over the course of five weeks, the immersive space, dubbed ‘The Summer Body Shop’, will house a series of exclusive brand collaborations and...

Fashion |Interview Featured

Forest adventure, D&G mini-me and luxury sneakers: the kidswear trends at Mytheresa

The children's fashion fair Pitti Bimbo just took place in Florence, where buyers of Mytheresa were active as well as at Playtime in Paris as they looked to discover new brands and trends. But what role does children's fashion play in the luxury sector? Is it all about occasion wear or do customers also buy their children everyday clothes in the...

Business

Mytheresa records GMV and sales growth in Q3

MYT Netherlands Parent B.V. (Mytheresa) reported GMV growth of 17.8 percent to 219.8 million euros in the third quarter compared to the prior year period. Net sales for the quarter increased 17.3 percent to 198.9 million euros. Gross profit margin was 45.6 percent compared to 48.8 percent in the prior year period. Commenting on the company’s...

Business

Mytheresa warns ‘macro headwinds persist’ in Q3 preliminary results

German e-commerce luxury platform Mytheresa announced its preliminary unaudited financial results for Q3 ended March 31, 2023, as well as an updated outlook for the full fiscal year, ending June 30, 2023. In the report, the company said “macro headwinds persist and continue to affect consumer sentiment”, which was reflected in the results for...

Fashion |In Pictures Featured

Mytheresa spotlights Chinese designers with exclusive collections

Luxury e-commerce platform Mytheresa is launching four exclusive capsule collections as part of its China Designer Programme to give emerging designers from the region global exposure. The initiative debuts with four womenswear collections from Susan Fang, Didu, Jacques Wei and Xu Zhi, described by Mytheresa as the “new generation of Chinese...

Business

Mytheresa Q2 GMV grows 7.8 percent

German luxury retailer Mytheresa has reported a 7.8 percent increase in gross merchandise value (GMV) in the first quarter of the year. In the three months to December 31, GMV came in at 215.9 million euros, up from 200.2 million euros a year earlier. That came as net sales rose 1.3 percent to 190.1 million euros. However, the Munich-based...

Fashion |In Pictures

In Pictures: Nensi Dojaka launches first bridal capsule via Mytheresa collaboration

Albanian-born designer Nensi Dojaka has unveiled her first-ever bridal capsule collection via a collaboration with the luxury online retailer, Mytheresa. The 24-piece line is exclusively available on Mytheresa’s e-commerce website, alongside a dedicated editorial story directed by the retailer’s chief creative officer Julian Paul. Nensi Dojaka's...