Mytheresa’s Profits Skyrocket in Anticipation of YNAP Acquisition Mytheresa, the renowned German luxury e-tailer, has recently made waves in the business world by more than doubling its adjusted earnings in the second fiscal quarter ending in December. This impressive financial performance not only showcases the company’s resilience in the face of economic challenges but also […]
Mytheresa to Rename Parent Company After YNAP Acquisition
Mytheresa Renames Parent Company to LuxExperience Following YNAP Acquisition Mytheresa, the renowned German luxury e-tailer, is set to undergo a significant transformation in the wake of its acquisition of Yoox-Net-a-Porter (YNAP). The company has announced its decision to rebrand its holding company as LuxExperience once the deal is finalized. This strategic move not only marks […]
Mytheresa Grows Sales Amid Continued Focus on Top Clients
Mytheresa Grows Sales Amid Continued Focus on Top Clients Mytheresa, the renowned luxury e-commerce platform, has weathered the storm of the luxury e-commerce slowdown this year with resilience and strategic foresight. As the industry faced unprecedented challenges, Mytheresa stood out by not only surviving but thriving, showcasing its ability to adapt to the ever-changing landscape […]
The BoF Podcast | The Great Luxury E-Commerce Reckoning
The BoF Podcast | The Great Luxury E-Commerce Reckoning The landscape of luxury e-commerce is undergoing a profound transformation, with industry leaders spearheading innovations to meet the evolving demands of consumers. Recently, at the prestigious BoF VOICES 2024 event, Mytheresa CEO Michael Kliger and Moda Operandi co-founder Lauren Santo Domingo took the stage with BoF […]
The BoF Podcast: The Great Luxury E-Commerce Reckoning
The luxury e-commerce sector has reached a critical juncture. In 2024, companies that flourished during the pandemic faced unexpected challenges that exposed vulnerabilities in their business models. High marketing costs, excessive discounting practices, outdated technology, and increasing competition have forced many players to reassess their strategies. The recent discussions featuring Michael Kliger, CEO of Mytheresa, […]