LuxExperience’s Q3 Revenues Reflect Turnaround
LuxExperience reported flat net sales growth of €618.4 million in Q3 2026, marking its second profitable quarter since its formation. The company experienced a 9.9% revenue increase for Mytheresa, while Net-a-Porter and Mr Porter saw a combined decline of 5.2%. The ongoing conflict in the Middle East has affected sales, but the company is optimistic about future growth and customer satisfaction improvements.
- ▪LuxExperience's Q3 revenues were €618.4 million, reflecting flat net sales growth at constant currency rates.
- ▪Mytheresa's revenues increased by 9.9% to €256 million, while Net-a-Porter and Mr Porter combined saw a decline of 5.2%.
- ▪The company is focused on improving customer satisfaction, with Net-a-Porter's net promoter score increasing significantly year-on-year.
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EarningsLuxExperience’s Q3 Revenues Reflect TurnaroundBy Madeleine SchulzMay 19, 2026Photo: Davit GiorgadzeSave StorySave this storySave StorySave this storyLuxExperience — owner of Mytheresa, Net-a-Porter, Mr Porter, and Yoox — reported flat net sales growth at constant currency rates at €618.4 million in the third quarter of 2026, ended March 31. This is the group’s second profitable quarter since it formed in April 2025, following Mytheresa’s acquisition of Yoox Net-a-Porter (YNAP) Group.“It’s the second quarter where we’ve shown profitability as a group, despite having taken over YNAP, which obviously has been money losing for years,” LuxExperience CEO Michael Kliger tells Vogue Business ahead of Tuesday’s earnings call.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at Vogue.
