LuxExperience BV
F:0FV
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LuxExperience BV
LuxExperience BV is an operating holding company, which engages in the business of operating a digital platform for the global luxury fashion consumer through its subsidiary, Mytheresa Group GmbH. The company is headquartered in Aschheim, Bayern and currently employs 4,262 full-time employees. The company went IPO on 2021-01-21. The firm is engaged in providing luxury multi-brand digital platform for clothing. The company offers ready-to-wear products such as shoes, bags and accessories for womenswear, menswear, kids wear as well as lifestyle products and jewelry in various luxury brands such as Bottega Veneta, Brunello Cucinelli, Dolce&Gabbana, Gucci, Loewe, Loro Piana, Moncler, Prada, Saint Laurent, The Row, Valentino. The firm is mainly focus on high-end luxury shoppers, exclusive product and content offerings, technology and analytical platforms as well as service operations.
LuxExperience BV is an operating holding company, which engages in the business of operating a digital platform for the global luxury fashion consumer through its subsidiary, Mytheresa Group GmbH. The company is headquartered in Aschheim, Bayern and currently employs 4,262 full-time employees. The company went IPO on 2021-01-21. The firm is engaged in providing luxury multi-brand digital platform for clothing. The company offers ready-to-wear products such as shoes, bags and accessories for womenswear, menswear, kids wear as well as lifestyle products and jewelry in various luxury brands such as Bottega Veneta, Brunello Cucinelli, Dolce&Gabbana, Gucci, Loewe, Loro Piana, Moncler, Prada, Saint Laurent, The Row, Valentino. The firm is mainly focus on high-end luxury shoppers, exclusive product and content offerings, technology and analytical platforms as well as service operations.
Segment Results: Mytheresa delivered outstanding double-digit growth and margin expansion, while Net-a-Porter and Mr Porter showed early signs of commercial turnaround. Yoox continued its deliberate restructuring with expected short-term sales declines.
Outlet Divestment: LuxExperience reached an agreement to sell its outlet assets for around $30 million, classifying the outlet as discontinued operations and simplifying its business structure.
US Momentum: Net sales in the US surged 21.9% for Mytheresa; the US now represents 31% of total group business, making it the fastest-growing geography.
Profitability Improvements: Group-wide SG&A costs were significantly reduced by EUR 15 million year-over-year; cost discipline and margin gains are already visible in Q1 results.
Guidance Reconfirmed: FY26 group guidance was adjusted to reflect the outlet sale, with group GMV expected at EUR 2.4–2.7 billion and adjusted EBITDA margin now guided to -2% to +1%, a mid-point improvement.
Transformation On Track: Management affirmed strong progress on the transformation plan, with further SG&A reduction and segment profitability improvements expected.
