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Mytheresa continues to be a stable presence in online luxury amid a sectorwide slowdown.
The German e-tailer’s sales grew 8 percent to €202 million ($214 million) in the first quarter of its fiscal year that ended in September. Mytheresa’s formula of catering to its top spending customers with exclusive capsule collections from brands like Loewe and Moncler, along with money-can’t-buy events, boosted its bottom line. The company generated €5 million in adjusted net profits during…
