Löwe

Q3 FY24 Results: Mytheresa Posts +18% Net Sales Growth and a Significantly Improved Adjusted EBITDA Margin Compared to the Previous Year Quarter

Retrieved on: 
Mercredi, mai 15, 2024

The leading luxury multi-brand digital platform reported excellent financials posting double-digit growth and improved profitability clearly outperforming the overall market.

Key Points: 
  • The leading luxury multi-brand digital platform reported excellent financials posting double-digit growth and improved profitability clearly outperforming the overall market.
  • Mytheresa’s third quarter performance exhibits highly accelerated top-line growth, strong expansion of Top Customer revenues and significantly improved profitability.
  • Michael Kliger, Chief Executive Officer of Mytheresa, said, “We are very pleased with the strong performance in the third quarter.
  • Double-digit revenue growth, double-digit Top Customer growth and a very high growth US business underscore that Mytheresa is not just a luxury e-commerce platform.

Simon® Announces Exciting Additions to Woodbury Common Premium Outlets®

Retrieved on: 
Mercredi, avril 24, 2024

INDIANAPOLIS, April 24, 2024 /PRNewswire/ -- Simon®, a global leader in premier shopping, dining, entertainment and mixed-use destinations, today announced its plans to add customer experience enhancements and a new store line-up to Woodbury Common Premium Outlets®. Woodbury Common is one of the world's most successful outlet centers and features the largest collection of luxury outlets in North America. Located in the heart of New York's bucolic Hudson Valley just one hour from Manhattan, the outlet center is a destination for local residents as well as domestic and international tourists, drawing over 10 million shoppers annually. 

Key Points: 
  • Woodbury Common is one of the world's most successful outlet centers and features the largest collection of luxury outlets in North America.
  • Redefining luxury shopping at Woodbury Common, the first enhancement to be unveiled will be a stunning new VIP Suite, a haven designed exclusively for our discerning clientele.
  • In Fall 2023, plans to expand Woodbury Common Premium Outlets were unveiled.
  • First news of Simon's proposal for Woodbury Common Premium Outlets' new amenities and expansion was widely praised by state and local leaders.

Redefining and Developing New Opportunities for Luxury Marketing: XIAOHONGSHU and VOGUE Business Host China Digital Excellence Summit in Paris

Retrieved on: 
Vendredi, mars 15, 2024

PARIS, March 15, 2024 /PRNewswire/ -- China's leading social media and lifestyle platform XIAOHONGSHU x VOGUE Business host the China Digital Excellence Summit and Gala Dinner during Paris Fashion Week 2024, on March 4th and 5th.

Key Points: 
  • PARIS, March 15, 2024 /PRNewswire/ -- China's leading social media and lifestyle platform XIAOHONGSHU x VOGUE Business host the China Digital Excellence Summit and Gala Dinner during Paris Fashion Week 2024, on March 4th and 5th.
  • To harness the vast opportunities presented by the expanding Chinese market, global luxury brands are pivoting towards digital transformation and prioritizing their online marketing strategies.
  • XIAOHONGSHU boasts capabilities in forecasting fashion trends, providing insights into consumer preferences, fostering emotional connections with consumers, developing localization strategies, and driving digital innovation.
  • The summit commenced with a keynote interview featuring VOGUE Business' Paris correspondent Laure Guilbault and Mugler's managing director Adrian Corsin.

Redefining and Developing New Opportunities for Luxury Marketing: XIAOHONGSHU and VOGUE Business Host China Digital Excellence Summit in Paris

Retrieved on: 
Vendredi, mars 15, 2024

PARIS, March 15, 2024 /PRNewswire/ -- China's leading social media and lifestyle platform XIAOHONGSHU x VOGUE Business host the China Digital Excellence Summit and Gala Dinner during Paris Fashion Week 2024, on March 4th and 5th.

Key Points: 
  • PARIS, March 15, 2024 /PRNewswire/ -- China's leading social media and lifestyle platform XIAOHONGSHU x VOGUE Business host the China Digital Excellence Summit and Gala Dinner during Paris Fashion Week 2024, on March 4th and 5th.
  • To harness the vast opportunities presented by the expanding Chinese market, global luxury brands are pivoting towards digital transformation and prioritizing their online marketing strategies.
  • XIAOHONGSHU boasts capabilities in forecasting fashion trends, providing insights into consumer preferences, fostering emotional connections with consumers, developing localization strategies, and driving digital innovation.
  • The summit commenced with a keynote interview featuring VOGUE Business' Paris correspondent Laure Guilbault and Mugler's managing director Adrian Corsin.

Mytheresa Launches an Immersive Shopping Experience for Apple Vision Pro as One of the First Luxury Platforms to Underline Digital Leadership

Retrieved on: 
Vendredi, février 2, 2024

MUNICH, Germany, Feb. 2, 2024 /PRNewswire-PRWeb/ --

Key Points: 
  • The Innovation: Mytheresa leads the way in leveraging advanced technology and is amongst the first luxury platforms to design a shopping app for Apple Vision Pro.
  • The App: Designed for visionOS Mytheresa supports intuitive features throughout the digital journey, by using eye and hand controls.
  • The Mytheresa app for Apple Vision Pro will continuously provide new edited collection launches and exclusive capsule collections.
  • Neha Singh, CEO and founder of Obsess says: "Mytheresa's Apple Vision Pro experience represents a pivotal evolutionary moment for the luxury market.

Kao Data Appoints Doug Loewe as Chief Executive Officer (CEO)

Retrieved on: 
Mardi, janvier 9, 2024

Accomplished, industry-leader with a strong, international track record for strategic, corporate development joins Kao Data following a successful year of new customer acquisitions, investments, and data centre deployments.

Key Points: 
  • Accomplished, industry-leader with a strong, international track record for strategic, corporate development joins Kao Data following a successful year of new customer acquisitions, investments, and data centre deployments.
  • LONDON, Jan. 9, 2024 /PRNewswire/ -- Kao Data , the specialist developer and operator of data centres engineered for AI and advanced computing, has today announced it has appointed Doug Loewe as its new Chief Executive Officer (CEO).
  • Loewe joins Kao Data at a critical inflection point in the company's trajectory, following a year of successful new customer wins across AI, hyperscale cloud, research, and financial services.
  • Doug Loewe begins his role as new CEO of Kao Data with immediate effect.

Kao Data Appoints Doug Loewe as Chief Executive Officer (CEO)

Retrieved on: 
Mardi, janvier 9, 2024

Accomplished, industry-leader with a strong, international track record for strategic, corporate development joins Kao Data following a successful year of new customer acquisitions, investments, and data centre deployments.

Key Points: 
  • Accomplished, industry-leader with a strong, international track record for strategic, corporate development joins Kao Data following a successful year of new customer acquisitions, investments, and data centre deployments.
  • LONDON, Jan. 9, 2024 /PRNewswire/ -- Kao Data , the specialist developer and operator of data centres engineered for AI and advanced computing, has today announced it has appointed Doug Loewe as its new Chief Executive Officer (CEO).
  • Loewe joins Kao Data at a critical inflection point in the company's trajectory, following a year of successful new customer wins across AI, hyperscale cloud, research, and financial services.
  • Doug Loewe begins his role as new CEO of Kao Data with immediate effect.

Q1 FY24 Results: Mytheresa Grows +7% in Net Sales in the First Quarter

Retrieved on: 
Mardi, novembre 28, 2023

The luxury multi-brand digital platform reported solid financial performance for the first quarter FY24, delivering growth and only a small net loss amidst challenging market conditions.

Key Points: 
  • The luxury multi-brand digital platform reported solid financial performance for the first quarter FY24, delivering growth and only a small net loss amidst challenging market conditions.
  • Michael Kliger, Chief Executive Officer of Mytheresa, said, “We are pleased with our results in a very difficult macro environment.
  • Mytheresa does not intend to update its forward-looking statements until its next quarterly results announcement, other than in publicly available statements.
  • Mytheresa will host a conference call to discuss its first quarter of fiscal year 2024 financial results on November 28, 2023 at 8:00am Eastern Time.

Rebag Releases Its Fourth Annual Clair Report: the Comprehensive Luxury Appraisal Index for Resale

Retrieved on: 
Mercredi, décembre 13, 2023

NEW YORK, Dec. 13, 2023 /PRNewswire/ -- Rebag, the authority for buying, consigning, trading, and selling luxury accessories including handbags, fine jewelry, watches, and more, releases the fourth edition of its Clair Report, a consumer resource uncovering shifts within the luxury market pertaining to retained brand value and pricing trends. Culled from the data retrieved from Rebag's revolutionary pricing tool Clair, Rebag's 2023 Clair Report investigates the value of luxury brands on the resale market to reveal the most worthwhile investments of the year.

Key Points: 
  • Culled from the data retrieved from Rebag's revolutionary pricing tool Clair, Rebag's 2023 Clair Report investigates the value of luxury brands on the resale market to reveal the most worthwhile investments of the year.
  • "2023 welcomed several interesting shifts in the luxury resale market", says Charles Gorra, CEO and Founder of Rebag.
  • We hope these valuable insights provide transparency and inspire confidence in consumers making luxury purchases."
  • Key Insights from the Clair Report:
    Telfar, recognized as the top-performing brand in Rebag's 2022 Clair Report, continues to impress, achieving a remarkable 228% average value retention in 2023
    Hermès maintains an enduring foothold in the luxury market.

Experience The Thrill of Treasure Hunting With Yaysay: The AI-Powered Shopping App Redefining Retail

Retrieved on: 
Lundi, décembre 11, 2023

NEW YORK, Dec. 11, 2023 /PRNewswire/ -- Launching today out of Beta mode, Yaysay is a new feed-based, discovery-driven shopping app that elevates off-price shopping and gamifies the thrill of the hunt. Yaysay is brought to you by retail powerhouses from Casper, Gilt Groupe and Stitch Fix, with business mogul and bonafide deal hunter, Bethenny Frankel, serving as advisor.

Key Points: 
  • If you don't snag your favorites quickly — just like a swipe on a dating app — your fashion finds are gone forever.
  • "We wanted to create a mobile shopping experience that's fun, and feels like a little bite-sized treat at the touch of your fingertips.
  • We've utilized AI combined with a novel shopping experience to digitally recreate the unique off-price treasure hunt experience online for the first time."
  • Yaysay offers a novel and exciting shopping experience, replicating the real-life thrill of the hunt conveniently on your phone.