Mytheresa, the German luxury e-commerce company, reported key financial data for the second quarter of the 2023 fiscal year ending on December 31st, 2022. Despite significant macroeconomic challenges, the company achieved steady growth in gross merchandise value (GMV), reaching €215.9 million. Mytheresa’s curated platform model (CPM) resulted in a 140 basis point increase in gross profit margin to 54.8%, as it generates a 100% gross profit margin without sales costs.
Michael Kliger, CEO of Mytheresa, stated, “Solid growth in the second quarter sets us apart from other digi …
