LuxExperience B.V. news and archive

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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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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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...

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Mytheresa reports significant revenue increase and reduced loss

Munich-based luxury fashion retailer Mytheresa achieved double-digit revenue growth in the second quarter of its fiscal year 2024/25. The company also improved its earnings. CEO Michael Kliger expressed strong satisfaction with the latest figures, which the listed parent company MYT Netherlands Parent B.V. presented on Tuesday. "We are very...