Mytheresa Launches Initial Public Offering


MYT Netherlands Parent B.V., the parent company of the Mytheresa Group GmbH, a Munich, Germany-based fashion tech company, has launched the initial public offering of its American Depositary Shares (ADSs).

MYT Netherlands Parent B.V. is offering 15,647,059 ADSs to the public. Each ADS represents one ordinary share of the Company. The Company has also granted the underwriters a 30-day option to purchase up to an additional 2,347,058 of its ADSs at the initial public offering price, less underwriting discounts and commissions.

The initial public offering price is expected to be between $16.00 and $18.00 per ADS. Mytheresa has applied to list its ADSs on the New York Stock Exchange under the ticker symbol “MYTE.”

Morgan Stanley & Co. LLC and J.P. Morgan Securities LLC are acting as lead book-running managers and representatives of the underwriters for the proposed offering. Credit Suisse Securities (USA) LLC and UBS Securities LLC are acting as book-running managers for the proposed offering. Jefferies LLC is acting as co-manager and Cowen and Company LLC is acting as passive bookrunner for the proposed offering.

Mytheresa is the finest edit in luxury fashion for women, men and kids. We have over 200 of the best international designers, 600 new arrivals each week, fast and reliable delivery, excellent customer service, utmost security and data protection, and free returns and exchanges within 30 days.

Mytheresa is online luxury fashion and retail company with over 860 employees who curates women’s, men’s and kids’ products from over 200 fashion brands and deliver to customers across more than 133 countries across the globe.