default-output-block.skip-main
BoF Logo

The Business of Fashion

Agenda-setting intelligence, analysis and advice for the global fashion community.

Mytheresa Net Sales Grew 33 Percent During Holiday Season

An image from Mytheresa's 2021 cruise campaign. Mytheresa.
An image from Mytheresa's 2021 cruise campaign. Mytheresa.

The German-based online luxury retailer’s first financial results as a public company showed the pandemic’s digital boost is still paying off. Net sales grew to €158.6 million ($194 million) in the quarter ending December 31, as the company drew a record number of first-time shoppers.

In the second half of 2020, net sales increased 30 percent to €285 million, with an adjusted EBITDA of €32.6 million up from €17.2 million during the same period last year. Net income was €25.4 million ($31 million), up from €2 million ($2.4 million) the prior year.

Mytheresa went public in January with a market value of $3.1 billion. The company’s share price was up 0.3 percent on Thursday morning. It has decreased 0.9 percent since first listing.

In This Article

© 2021 The Business of Fashion. All rights reserved. For more information read our Terms & Conditions

The Business of Fashion

Agenda-setting intelligence, analysis and advice for the global fashion community.
CONNECT WITH US ON
State of Fashion 2023
© 2022 The Business of Fashion. All rights reserved. For more information read our Terms & Conditions and Privacy policy.
State of Fashion 2023