Mytheresa Net Sales Growth
Mytheresa grew net sales by 12.2% in Q1 of fiscal year 2026 compared to Q1 fiscal year 2025, with notable growth in the United States at 21.9%.
Improved Gross Profit Margins
Gross profit margin for Mytheresa increased by 70 basis points, and NET-A-PORTER and MR PORTER improved by 130 basis points in Q1 fiscal year 2026.
Successful Off-Price Segment Transformation
LuxExperience reached an agreement to sell THE OUTNET assets, focusing the Off-Price segment on YOOX and reducing complexity in operations.
Strong Customer Engagement and Campaigns
Mytheresa and NET-A-PORTER launched high-impact campaigns and exclusive products, enhancing brand partnerships and customer engagement.
Positive EBITDA Margin at Mytheresa
Adjusted EBITDA margin for Mytheresa expanded by 210 basis points to 3.5% in Q1 fiscal year 2026.