MYTHERESA news and archive

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...

23 Feb 2023

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...

23 Feb 2023

Fashion |In Pictures

Mytheresa unveils latest capsule collection with Balmain

Luxury online retailer Mytheresa has unveiled its third exclusive capsule collection with Parisian fashion house Balmain. The 14-piece capsule party wear collection is all about “confidence-boosting silhouettes,” explains Balmain, with padded shoulders and transparent illusions seen across bodysuits and cropped tops adorned with sequins and...

17 Nov 2022

Mytheresa Q1 GMV up 21 percent, EBITDA narrows

Luxury e-commerce platform Mytheresa has reported a 20.8 percent increase in gross merchandise value (GMV) in the first quarter of the year. The German retailer posted a GMV of 197.9 million euros in the three months to September 30, up from 163.9 million euros a year earlier. That came as sales increased 11.4 percent to 175.9 million euros. The...

8 Nov 2022

Business

Mytheresa Q4 GMV up 18 percent, profits widen

Luxury e-commerce platform Mytheresa has reported an 18.2 percent increase in gross merchandise value (GMV) in the fourth quarter of the year. In the three months to March 31, GMV came in at 196.7 million euros compared to 166.4 million euros a year earlier, while net sales increased 7.7 percent to 12.5 million euros. The German retailer...

15 Sept 2022

Business

Mytheresa and Vestiaire Collective expand resale partnership to US

A second-hand fashion service by luxury e-tailer Mytheresa and resale platform Vestiaire Collective has been expanded to the US market following its initial launch in Europe last year. The tie-up allows Mytheresa customers to use a dedicated web interface to sell their second-hand items, the process of which is run by Vestiaire Collective....

27 Jul 2022

Business

Mytheresa appoints Steven Xu as president for China and Asia Pacific

Luxury e-commerce platform Mytheresa has announced the appointment of Steven Xu as its president for China and Asia Pacific, effective July 1. Xu, who previously served as vice president of digital marketing and e-commerce APAC at Ralph Lauren, will be bringing extensive experience in consumer-centred digital experiences. He has also held...

17 Jun 2022

BusinessFeatured

Mytheresa Q3 GMV up 13 percent, US market shines

German luxury retailer Mytheresa has reported double-digit GMV growth in the third quarter, with its US market performing particularly well. In the three months to March 31, the company’s gross merchandise value (GMV) came in at 186.6 million euros, representing a 13.2 percent increase from a year ago and a 67 percent increase from two years...

10 May 2022

Business

MyTheresa debuts on JD.com hinting at China expansion

German e-commerce retailer MyTheresa has made its debut on Chinese marketplace JD.com, as it sets its sights on growing its presence in the region. Through a dedicated flagship store, shoppers will now have access to the retailer’s extensive luxury brand offering, which includes the likes of Ganni, Isabel Marant and Jimmy Choo. The e-boutique...

25 Mar 2022

BusinessFeatured

Mytheresa Q2 sales increase boosted by strong US growth

German luxury retailer Mytheresa has reported an increase in sales and profit in the second quarter of the year, boosted by a particularly strong performance in the US market. In the three months to December 31, the Munich-based retailer made net sales of 187.6 million euros, an 18.3 percent increase compared to the same period a year earlier....

16 Feb 2022

Fashion |In Pictures

In Pictures: Isabel Marant collaborates with Mytheresa on snow capsule

Luxury retailer Mytheresa has unveiled a collaborative capsule with Parisian fashion label Isabel Marant, set to be available globally from December 8 for the autumn/winter 2021 season. The exclusive Snow capsule will be Isabel Marant’s first skiwear-inspired collection, with looks that incorporate the house’s modern and contemporary design...

7 Dec 2021

Podcast

Podcast: CEO of Mytheresa on competing for luxury shoppers

In this episode of the Glossy Podcast, the CEO of Mytheresa, Michael Kliger, has discussed competing for luxury shoppers and the online retailer's customer first approach. Other topics that were talked about were its expansion into menswear, and on becoming more sustainable. Listen to the podcast below. Source: The Glossy Podcast via Megaphone...

1 Dec 2021