Mytheresa powered LuxExperience’s Q1 FY26, with GMV up 13.5 per cent to €245.9 million (~$282.79 million), offsetting group-wide declines as total GMV fell 4.3 per cent and net sales slipped 4.2 per cent.
Strong margins, lower SG&A and improving customer economics supported results.
NAP, MRP and Yoox showed early stabilisation.
The group now targets FY26 GMV of €2.4–2.7 billion (~$2.8-3.1 billion).Mytheresa powered LuxExperience’s Q1 FY26, with GMV up 13.5 per cent to €245.9 million (~$282.79 million), offsetting group-wide declines as total GMV fell 4.3 per cent and net sales slipped 4.2 per cent.
Strong margins, lower SG&A and improving customer economics supported results.
NAP, MRP and Yoox showed early stabilisation.
The group now targets FY26 GMV of €2.4–2.7 billion (~$2.8-3.1 billion).
