Overview of MYT Netherlands Parent BV, $MYTE Current price: | 🚀 Robin Rocket

Overview of MYT Netherlands Parent BV, $MYTE

Current price: $28
Target price: $34-35

MYT Netherlands Parent BV is an elite e-commerce platform. The company offers luxury fashionable clothing for men, women and children. The company also sells shoes, bags and accessories.

Mytheresa is a growing company in a growing market.

The total revenue of luxury goods companies will reach 330 billion euros by 2025, and the share of e-commerce will increase to 31-32%.

Mytheresa will significantly increase its bottom line and return on equity by reducing the share of administrative and administrative expenses in revenue.

On the platform, there are more than two hundred such popular brands as Loro Piana, Bottega Veneta, Dior, Valentino, Gucci, Prada, Givenchy and others.

Not an investment recommendation.