According to a report by the Bloomberg news agency, a valuation of at least 840 million euros to 1.26 billion euros is targeted.
The German online luxury retailer Mytheresa wants to take the plunge in the USA. Both the number of shares and the price range for Mytheresa's IPO have not yet been determined, announced the parent company MYT Netherlands.
The company, which sells clothing from 250 of the world's largest fashion brands including Prada, Gucci, Burberry, and Dolce & Gabbana, could have a valuation of at least $ 1 to $ 1.5 billion ($ 840 million to $ 1.26 billion), according to a report by Bloomberg news agency Billion euros). A successful Christmas business could drive the valuation higher. As a result of the corona crisis, online trading is booming, especially with luxury products.
