LuxExperience B.V.

LuxExperience B.V. (MYTE) priced its initial public offering on Jan 22, 2021 at $26.00 per ADS, within its $24.00–$26.00 range, and listed on NYSE. At the IPO price its market capitalization was about $2.23B. Morgan Stanley was lead-left underwriter, joined by J.P. Morgan, Credit Suisse and UBS and others. Baker McKenzie advised the company and Latham & Watkins advised the underwriters.

At its 2021 IPO, Mytheresa (now LuxExperience B.V.) was a luxury e-commerce platform for fashion consumers, curating more than 200 brands. It grew from a Munich boutique into an online business launched in 2006 that reached customers in 133 countries.

Status

IPO

Ticker

MYTE

Exchange

NYSE

Priced

Jan 22, 2021

IPO price

$26.00 per ADS

Price range

$24.00–$26.00

Market cap at IPO price

$2.23B

First filed

Dec 28, 2020

Underwriters

Morgan Stanley, J.P. Morgan, Credit Suisse, UBS, Jefferies and TD Cowen

Company counsel

Baker McKenzie

Underwriters' counsel

Latham & Watkins

Sector

Consumer

Market cap at IPO price = shares outstanding after the offering (all classes, before the over-allotment option) × the IPO price, from the final prospectus.