{"id":163950,"date":"2021-01-21T08:48:53","date_gmt":"2021-01-21T08:48:53","guid":{"rendered":"https:\/\/www.theindustry.fashion\/mytheresa-float-values-luxury-etailer-at-2-2bn\/"},"modified":"2021-08-06T12:09:57","modified_gmt":"2021-08-06T12:09:57","slug":"mytheresa-float-values-luxury-etailer-at-2-2bn","status":"publish","type":"post","link":"https:\/\/www.theindustry.fashion\/mytheresa-float-values-luxury-etailer-at-2-2bn\/","title":{"rendered":"Mytheresa float values luxury etailer at $2.2bn"},"content":{"rendered":"
Shares in Mytheresa, the Munich-based global luxury fashion etailer, will begin trading on the New York Stock Exchange today in an IPO that values the business at $2.2bn.<\/strong><\/p>\n
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MYT Netherlands Parent B.V., the parent company of the Mytheresa Group GmbH, said it was offering 15,647,059 of American Depositary Shares at a price of\u00a0$26 per share.<\/strong>\u00a0The Company is selling 13,647,059 ADSs and its sole shareholder is selling 2,000,000 ADSs in the offering.<\/p>\n
It was first revealed that the retailer, which sells around 250 luxury labels such as Burberry, Gucci and Prada,<\/strong> was planning to float at the end of November and the move was confirmed at the end of December.<\/a><\/p>\n