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Mytheresa.com posts year-end sales up 34%

Lauretta Roberts
11 January 2018

Luxury fashion etailer Mytheresa.com has revealed its revenues in the year ending June 2017 were up 34% at€245m (2016: €183m).

The figures are combined revenue for the website and the multibrand Theresa store, upon which the website was based, in Munich.

Mytheresa.com was founded in 2006 (the original store was established in 1987) and stocks a range of almost 200 luxury brands, which are shipped globally, including Chloé, Gucci, Prada, Balenciaga, Saint Laurent and Valentino.

The business was acquired by US retail group Neiman Marcus in 2014. Since that point it has launched dedicated sites in Arabic, Chinese and Korean, taking international versions of the site to seven, as well as establishing a new logistics centre with a rack storage area of 32,000 sqm set over four floors and based at Kirchheim-Heimstetten.

At the end of last year it appointed former Matchesfashion.com commercial director Richard Johnson as chief commercial officer in charge of all buying and merchandising.


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