Online fashion retailer Mytheresa reveals IPO plans
Fashion etailer Mytheresa has unveiled plans for a Wall Street IPO.
Mytheresa, which is headquartered in Germany and sells luxury brands including Burberry and Gucci, could be valued at as much as £1bn.
Originally founded as a bricks-and-mortar store in Munich, Mytheresa launched its online business in 2006 and has since grown to trade in approximately 140 countries including the UK.
In its last financial year, Mytheresa generated net sales of €449.5m – up 8.6% on the previous year. Net income rose to €6.4m versus €1.7m in 2019.
Subscription content
Please sign in now if you have a subscription or are already registered with us.
Register for free to continue reading
Retail-Week.com provides premium, in-depth intelligence that helps retailers judge risks, spot opportunities and identify what they need to do to win in the digital economy.
Register today for a taste of our high-quality intelligence and enjoy:
- Two free article views per calendar month on Retail-Week.com
- Detailed analysis of current trends and events
- Exclusive newsletters
- In-depth reports, videos, interviews and much more
Discover Retail Week register now
Please note, if you have recently purchased a subscription, it may take a few minutes before your account is updated.