Brand Partnerships And Sales PerformanceThe company continues to bring major brands to the platform, including Bvlgari, and reported GMV growth of +35% among top customers in the U.S., outperforming the total company's +9%.
Profitability And TechnologyThe future looks bright given opportunity to increase profitability and leverage Mytheresa's proprietary technology.
Strategic AcquisitionAnalyst recommends upgrading shares to Buy due to conviction in sales and margins at the Mytheresa platform and the transformative opportunity given the pending YNAP acquisition.