Online luxury fashion retailer Mytheresa says “high-spending, wardrobe-building” consumers helped drive a strong quarter. The Dutch company on Tuesday (Feb. 11) released earnings showing sales...
The luxury goods market is witnessing a notable trend toward strategic partnerships. Rather than retreating in the face of challenges, industry players are doubling down...
Cartier owner Richemont is selling its luxury eCommerce platform Yoox Net-a-Porter to online retailer Mytheresa. The $608 million deal, announced Monday (Oct. 7), ends a...
For Mytheresa CEO Michael Kliger, there was no doubt about his company’s performance during the fourth quarter and fiscal year. “We clearly see ourselves as a...
As the summer season heats up, wealthy vacationers from the Northeast are getting in their cars and heading out to the Hamptons for seasonal luxury,...
As clothing brands and retailers continue to struggle with the costly problem of returns, many are turning to artificial intelligence to help consumers buy products...
After years of financial challenges (and consequent consumer cutbacks) prompting luxury merchants to focus more on shoppers with plenty of cash to burn, it seems...
If the luxury eCommerce space is tumbling down, Mytheresa plans to come out on top. “I think there is an understanding in the market that the industry is...