Mytheresa speeds up global deliveries with state of the art distribution centre

Mytheresa has opened a state of the art distribution centre at Halle/Leipzig Airport in Germany enabling it to expand and speed up its global deliveries, and lay the foundations for future growth. 

The 55,000sqm facility, along with Mytheresa's partnership with DHL, means that 20% of orders are shipped a day ahead thanks to its air hub late night "direct injection".

This has resulted in faster delivery to the US with next day delivery ratio to the East Coast increasing up to 30%, while APAC customers benefit from orders being processed until 11pm CET on Saturdays.

The investment comes on the back of strong growth at Mytheresa as it sharpens its focus on big-spending customers amid challenging market conditions. In the year to 30 June 2023 the company reported GMV growth of 15% to €855.8m (£743.6m). Net sales were up 11.4% at €689.8m (£599.4m) while EBITDA reached €41.1m (£35.7m) giving an EBITDA margin of 5.3%.

Mytheresa CEO Michael Kliger said: “Our new, state-of-the-art distribution center at Leipzig airport lays the foundations for future multi-year growth and service expansion for our business. It aligns perfectly with our strategic vision and strengthens Mytheresa's position as a global leader in luxury.”

Mytheresa COO Sebastian Dietzmann added: “We are constantly improving our operations to provide a unique customer experience. The new facility will not only dramatically improve our service thanks to its unique location in direct adjacency to the international air freight hub of DHL, but it will also provide ample capacity for the future growth of our business. We are improving speed, flexibility and cost, while we position Mytheresa for operational excellence.”