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Mytheresa's Q3 net sales grow by 17.6 percent

Mytheresa’s third quarter net sales increased 17.6 percent to 233.9 million euros and GMV rose 14.7 percent to 252.2 million euros. The company reported gross profit growth of 12 percent to 101.6 million euros with 43.4 percent gross profit margin and improved Adjusted EBITDA margin to 3.9 percent compared to the same period last year....

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Business |Opinion Featured

Is luxury e-commerce facing a downturn?

Luxury's digital platforms are grappling with significant challenges, marked by financial struggles and strategic shifts. London-based Farfetch, in an effort to avert bankruptcy, has chosen to sell a majority stake to Coupang, often dubbed South Korea's Amazon counterpart. Referred to as an ‘every’ store known more for selling affordable...

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