mytheresa ups full year outlook following strong q3 sales

Mytheresa ups full-year outlook following strong Q3 sales

Sumary of Mytheresa ups full-year outlook following strong Q3 sales:

  • Mytheresa has reported a 47.5 percent increase in net sales in the third quarter of the year and upped its full-year outlook as the German luxury e-tailer continued to benefit from consumers’ shift to online shopping during the pandemic..
  • CEO Michael Kliger cited the “continuous shift of consumer behaviour towards digital and multi-brand offerings”.
  • “We had a new record in first-time buyers in the quarter and our recently acquired customer cohorts show higher re-purchase rates than before,”…

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