The German luxury e-commerce firm has witnessed it Q2 sales go up by an impressive 32.9 per cent year-over-year (Y-o-Y) – capitalising on the digital boom prevalent these days.
The net sales for the second quarter, which ended 31 December 2020, touched €158.6 million, with an adjusted net income of €14.8 million.
The German online platform also saw a 28.2 per cent Y-o-Y growth in active customers to a very impressive 569,000. Notably, there were more than 100,000 new customers during the period.
It wasn’t just about Q2! Even the 6-month performance, up to the end of December 2020, was good.
The net sales for the 6 months recorded €285 million at a Y-o-Y jump of 30.4 per cent, with an adjusted net income of €20.1 million.
Pleased over the performance, Michael Kliger, CEO, Mytheresa, said that strong Q2 numbers yet again confirm company’s strategy and unique business model, which speaks of continual focus on high-end luxury customers, sophisticated technologies and a first-class in-house managed service experience.