MYT Netherlands Parent B.V.
General Information | |
Business: | Mytheresa is a leading luxury e-commerce platform for the global luxury fashion consumer. We offer one of the finest edits in luxury, curated from more than 200 of the world’s most coveted brands and presented through a customer-first, digital experience. Our story began over three decades ago with the opening of Theresa, in Munich, one of the first multi-brand luxury boutiques in Germany. Mytheresa, which launched online in 2006, represented 97% of net sales and reached customers in 133 countries in fiscal 2020. We provide our customers a highly curated selection of products, access to exclusive capsule collections, in-house produced content, memorable service and a personalized shopping experience. (Note: Mytheresa – aka MYT Netherlands Parent B.V. – priced its IPO at $26, the top of its newly increased price range, on 15.65 million American Depositary Shares, the same number of shares in the prospectus. On Jan. 19, 2021, Mytheresa’s parent increased the price range of its IPO by 47 percent to $24 to $26, up from $16 to $18, on the same number of ADS – 15.65 million, according to an F-1/A filing with the SEC.) |
Industry: | CATALOG & MAIL-ORDER HOUSES |
Employees: | 860 |
Founded: | 2019 |
Contact Information | |
Address | Einsteinring 9, 85609 Aschheim/Munich, Germany |
Phone Number | +49 89 127695-614 |
Web Address | http://www.mytheresa.com |
View Prospectus: | MYT Netherlands Parent B.V. |
Financial Information | |
Market Cap | $2144.5mil |
Revenues | $582.5 mil (last 12 months) |
Net Income | $24.8 mil (last 12 months) |
IPO Profile | |
Symbol | MYTE |
Exchange | NYSE |
Shares (millions): | 15.7 |
Price range | $26.00 - $26.00 |
Est. $ Volume | $406.8 mil |
Manager / Joint Managers | Morgan Stanley/ J.P. Morgan |
CO-Managers | Credit Suisse/ UBS Investment Bank/ Jefferies / Cowen and Company |
Expected To Trade: | 1/21/2021 |
Status: | Priced |
Quiet Period Expiration Date: | Available only to Subscribers |
Lock-Up Period Expiration Date: | Available only to Subscribers |
SCOOP Rating | Available only to Subscribers |
Rating Change | Available only to Subscribers |