Mytheresa news and archive

LuxExperience: Mytheresa remains growth engine

LuxExperience, the parent company of German luxury retailer Mytheresa, has reported strong sales growth for the second quarter of 2025/26 and confirmed that the integration of the Yoox Net-A-Porter (YNAP) platforms remains on schedule. During the three months ending December 31, 2025, the Mytheresa segment generated revenue of 242.70 million...

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LuxExperience appoints Francis Belin as CEO of Mytheresa

German fashion retailer Mytheresa is preparing for a change in leadership. On Tuesday, listed parent company LuxExperience B.V. (LuxExperience) announced the appointment of Francis Belin as CEO of Mytheresa. He will assume his new role on January 1, 2026. Belin succeeds Michael Kliger. As group CEO of LuxExperience, Kliger will remain...

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LuxExperience: Mytheresa increases quarterly revenue by 12 percent

Online fashion retailer Mytheresa achieved a double-digit revenue increase in the first quarter of the 2025/26 financial year and significantly improved its earnings. This information was published by parent company LuxExperience B.V. in an interim report on Wednesday. The group also reported progress in integrating the Yoox Net-a-Porter (YNAP)...

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LuxExperience to sell The Outnet assets in 30 million dollar deal

LuxExperience – the luxury group formed following Mytheresa’s acquisition of Yoox Net-a-Porter (YOOX) – has announced that it has entered into an agreement with The O Group LLC to sell the set of assets that power multibrand platform The Outnet. The deal, to be made for a cash consideration of 30 million dollars, includes the relevant brand...

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LuxExperience FY25: Mytheresa drives growth amid restructuring

LuxExperience B.V., the leading luxury multi-brand digital platform, has announced its financial results for the fourth quarter and full fiscal year 2025. The company's core Mytheresa business reported strong growth, with net sales increasing by 11.5 percent in the fourth quarter to 248.9 million euros, and by 8.9 percent for the full fiscal...

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LuxExperience puts 700 jobs at risk as it plans to consolidate multiple divisions

LuxExperience, the multi-brand group formed following Mytheresa’s takeover of Yoox Net-a-Porter (YNAP), has said 700 jobs could be at risk as it plans to merge the operational and administrative structures of the YNAP brands. In a press release, the company announced that select structures within the luxury segment comprising Net-a-Porter and Mr...

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Net-a-Porter, Mr Porter to open first consumer-facing pop-up in the Hamptons

On the back of their takeover, Net-a-Porter and Mr Porter are set to explore a new realm. The luxury e-tailers are venturing into physical retail with their first-ever public facing pop-up. Running from July 16 to 20, the store will be located in the Hamptons and hosted by furniture showroom Wyeth in Sagaponack. Dubbed ‘Summer in the Hamptons’,...

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Net-a-porter revamps leadership: Heather Kaminetsky appointed managing director

Heather Kaminetsky has been named chief executive officer of online fashion retailer Net-a-Porter. She confirmed her appointment in a LinkedIn post. Kaminetsky previously served as vice president of global marketing at Net-a-Porter and, most recently, as president of North America at MyTheresa. Alongside Kaminetsky, several other seasoned...

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Differentiation and consolidation: How LuxExperience aims to become most successful e-commerce player

LuxExperience is on track to establish itself as a leading player in global luxury e-commerce. Following Mytheresa’s acquisition of Yoox Net-a-Porter (YNAP), which was completed on April 23, the newly formed parent company is already the largest provider in terms of company size. However, the group, previously known as MYT Netherlands Parent BV,...

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Mytheresa takes more cautious view of full year in light of trade conflicts

Luxury online retailer Mytheresa is taking a more cautious view of the current financial year, despite “solid growth” in the third quarter. Mytheresa's revenues increased by 3.8 percent to 242.5 million euros compared to the same period last year. Gross merchandise volume also grew by 3.8 percent to 261.3 million euros. “The results for the...

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Mytheresa completes acquisition of YNAP

E-commerce specialist Yoox Net-a-Porter (YNAP) now officially has a new owner. On Thursday, Munich-based fashion retailer Mytheresa and Swiss luxury goods group Compagnie Financière Richemont SA (Richemont) announced the completion of their transaction agreed last autumn. Accordingly, MYT Netherlands Parent BV, the listed parent company of...

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Prada partners with Mytheresa in digital distribution pivot

Prada has joined forces with luxury e-commerce platform Mytheresa in a move that reflects a new approach to global digital distribution—one that prioritises selectivity, brand integrity, and customer experience over traditional wholesale reach. The partnership will make Prada’s women’s, men’s, and lifestyle collections available to Mytheresa’s...