×
23 404
Fashion Jobs
L'OREAL GROUP
Manager/sr. Manager, Ecommerce Operations & Supply Chain
Permanent · New York
L'OREAL GROUP
Creative Director
Permanent · New York
L'OREAL GROUP
Director, Ecommerce And Platforms - Carol's Daughter & Softsheen-Carson
Permanent · New York
L'OREAL GROUP
Senior Manager-Industrial Quality
Permanent · Somerset
MARSHALLS
Marshalls lp Detective - Silver Spring, md
Permanent · Silver Spring
MARSHALLS
Marshalls lp Detective - Clinton, md
Permanent · Clinton
TJX CORPORATE
Product Manager - Point of Sale Systems
Permanent · Marlborough
MARSHALLS
Loss Prevention Detective
Permanent · Shirley
MARSHALLS
Marshalls lp Detective - Vienna, va
Permanent · Vienna
HOMEGOODS
Distribution Center Supervisor
Permanent · Jefferson
MARSHALLS
70118-lp Detective
Permanent · Massapequa
LEVI'S
Ecommerce, Warehouse Coordinator ii
Permanent · Henderson
BLOOMINGDALES.COM
Business Manager: Bloomingdale’s Boca Raton
Permanent · Boca Raton
RALPH LAUREN
Polo Factory Store - Store Selling Manager
Permanent · Gilroy
NORDSTROM INC
Loss Prevention Security Ambassador Wilmot Plaza Rack
Permanent · Tucson
NORDSTROM INC
Loss Prevention Security Ambassador Miami Shops at Midtown Rack
Permanent · Miami
NORDSTROM INC
Loss Prevention Security Ambassador Valencia Promenade Rack
Permanent · Santa Clarita
NORDSTROM INC
Security Ambassador 1
Permanent · Braintree
NORDSTROM INC
Loss Prevention Agent Golde Creek Rack
Permanent · Lynnwood
NORDSTROM INC
Loss Prevention Security Ambassador Sun Valley Mall Rack
Permanent · Pleasant Hill
ROSS STORES
Store Protection Specialist
Permanent · Casselberry
ROSS STORES
Store Protection Specialist
Permanent · Bakersfield
By
Reuters
Published
Nov 24, 2020
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

German online retailer Mytheresa confidentially files for U.S. IPO

By
Reuters
Published
Nov 24, 2020

German online luxury retailer Mytheresa Group GmbH’s parent company said on Monday it had confidentially filed for an initial public offering in the United States.




The move comes at a time when restrictions to stop the COVID-19 pandemic have led to a boom in ecommerce, with luxury online shopping thriving.

The number of American depositary shares to be offered and the price range for Mytheresa’s proposed offering have not yet been determined, its parent company, MYT Netherlands Parent B.V, said in a statement.

The firm, which sells clothes from 250 of the world's biggest fashion brands including Prada, Gucci, Burberry and Dolce&Gabbana, may seek a valuation of $1 billion to $1.5 billion, according to a Bloomberg report earlier this month, though the target could change based on the busy holiday season.

Fashion retailers Susanne and Christoph Botschen in 1987 opened a store called Theresa in Munich, Germany, and they launched the online shop Mytheresa in 2006, with the business being purchased by luxury department store chain Neiman Marcus in 2014.

Neiman Marcus, which filed for bankruptcy earlier this year, pressured by store closures and dwindling sales, handed over a part of Mytheresa to its creditors to exit Chapter 11.

Earlier this month, Mytheresa’s rival Farfetch attracted more than $1 billion in investment from Alibaba and Swiss group Richemont.

© Thomson Reuters 2021 All rights reserved.