×
132
Fashion Jobs
H&M
Power bi Specialist to h&m Group Business Tech
Permanent · Stockholm
H&M
Product Owner – Sap Data Volume Management
Permanent · Stockholm
H&M
Group Manager Group Compliance
Permanent · Stockholm
H&M
Product Area Manager – Ecosystem Platform, Customer Domain
Permanent · Stockholm
H&M
Senior Communications And PR Manager to h&m Group Business Tech
Permanent · Stockholm
H&M
Accounting Business Expert With Sap Experience
Permanent · Stockholm
H&M
Product Area Lead Engineer Within Circular Business Models - h&m Group
Permanent · Stockholm
H&M
Learning And Development Specialist to Business Tech HR
Permanent · Stockholm
H&M
Business Analyst For The h&m Brand Customer Insights & Analytics Team
Permanent · Stockholm
H&M
Tech Oriented HR Business Partner –h&m Group Business Tech
Permanent · Stockholm
H&M
Process And Learning Specialist Within Business Controlling to Assortment Support & Learning
Permanent · Stockholm
H&M
Head of Product Analytics – h&m Business Tech - Customer Domain
Permanent · Stockholm
H&M
Commercial Advisor to h&m Group Business Tech
Permanent · Stockholm
H&M
Product Area Manager - Business Tech Checkout
Permanent · Stockholm
H&M
Business Expert With Passion For Product Information to h&m Group Business Tech - Customer Domain
Permanent · Stockholm
H&M
Software Engineer to The Network Management & Security Team Within Business Tech
Permanent · Stockholm
H&M
Analytical Engineer to Business Tech, h&m Group
Permanent · Stockholm
H&M
Technical Engineer to Monitoring & Insights Team, Business Tech h&m Group
Permanent · Stockholm
H&M
Product Owner - Cloud Analytic Platform
Permanent · Stockholm
H&M
Data Specialist to Tech Enablement, Business Tech h&m Group
Permanent · Stockholm
H&M
Product Owner With Sap Competence – Data Foundation
Permanent · Stockholm
H&M
Product Owner – Engagement Engine - Customer Engagement, h&m Group Business Tech
Permanent · Stockholm
By
Reuters
Published
Dec 29, 2020
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Mytheresa owner files for IPO as sales surge and it swings to profit

By
Reuters
Published
Dec 29, 2020

German online luxury retailer Mytheresa Group’s parent company filed for a US initial public offering of up to $150 million on Monday, and said its unit’s quarterly net sales increased 27.5%.


Instagram: @mytheresa.com



MYT Netherlands Parent BV said Mytheresa, which sells clothes from the world’s biggest fashion brands including Prada, Gucci and Burberry, reported net sales of €126.4 million ($154.32 million) in the three months ended September 30.

The online retailer also posted net income of €9.6 million versus a loss of €4.3 million a year earlier.

Restrictions on movement put in place to stop the Covid-19 pandemic have led to a boom in online shopping, with luxury online shopping thriving.

MYT said it intended to apply to have the American depositary shares (ADSs) listed on the New York Stock Exchange under the symbol MYTE.

Morgan Stanley, JP Morgan, Credit Suisse, UBS Investment Bank, Jefferies and Cowen are underwriters to the IPO, MYT added.

© Thomson Reuters 2021 All rights reserved.