LuxExperience vs Nordstrom

LuxExperience Reports Q4 FY26 and Full FY26 Results: Strong +7.6% Net Sales Growth ex-FX and Improved Adjusted EBITDA Profitability

LuxExperience announced Q4 FY26 and Full FY26 results with strong +7.6% Net Sales growth ex-FX and improved Adjusted EBITDA profitability, setting the stage for accelerated top- and bottom-line growth in FY27.

LuxExperience Boosts Revenue, Expects Faster Growth

LuxExperience, the parent company of Mytheresa, NET-A-PORTER, MR PORTER, and YOOX, reported a 7.6% constant-currency net sales increase in Q4 FY2026, with reported sales up 6.1% to €653.6 million. Adjusted EBITDA margin improved to 2.1%, marking the third consecutive quarter of profitability. Mytheresa led growth with a 10.2% constant-currency sales increase, while NET-A-PORTER and MR PORTER achieved an operational turnaround. YOOX reduced its adjusted EBITDA loss to €45.5 million for the full year. The company forecasts accelerated mid-to-high single-digit revenue growth for FY2027, with adjusted EBITDA margin between 2-3%, and authorized a share buyback of up to $50 million.

• LuxExperience Q4 net sales up 6.1% to €653.6 million (7.6% ex-FX).
• Adjusted EBITDA margin improved to 2.1% in Q4, third consecutive profitable quarter.
• Mytheresa Q4 net sales up 10.2% (ex-FX), US business grew 39.3%.

20-F Financial Filing Analysis for LuxExperience (2026-09-16)

LuxExperience B.V. (formerly MYT Netherlands Parent B.V.) filed its Annual Report on Form 20-F for the fiscal year ended June 30, 2026, reflecting the transformative integration of YOOX NET-A-PORTER GROUP S.p.A. (YNAP) following its acquisition from Richemont in April 2025, alongside the subsequent divestiture of THE OUTNET completed in April 2026. The report outlines the expanded group structure across three primary operating segments: Luxury | Mytheresa, Luxury | NET-A-PORTER & MR PORTER, and Off-Price | YOOX. Disclosures highlight heightened exposure to operational integration risks, post-acquisition restructuring, logistics network realignments across Europe and the US, cookie deprecation, evolving EU AI Act compliance, and macroeconomic headwinds affecting luxury consumer discretionary spending.

• As of June 30, 2026, LuxExperience B.V. had 139,699,831 ordinary shares outstanding with a nominal par value of €0.000015 per share.
• The corporate structure spans three primary operational segments post-YNAP acquisition: Luxury | Mytheresa, Luxury | NAP & MRP, and Off-Price | YOOX, following the divestiture of THE OUTNET in April 2026.
• Customer concentration within the Luxury | Mytheresa segment remained significant, with the top 4.8% of customers accounting for approximately 48.4% of its Gross Merchandise Value (GMV) in fiscal 2026.

Scarlett Johansson's Beauty Brand The Outset Winds Down

Scarlett Johansson's vegan skincare brand, The Outset, has announced it is winding down operations, according to a message on its website. The brand, co-founded with Kate Foster Lengyel in 2022, initially launched as a direct-to-consumer venture before securing retail partnerships with Sephora, Amazon, and Nordstrom. The closure is attributed to a lack of prominent celebrity endorsement, as Johansson deliberately stayed out of the spotlight in marketing efforts. Industry expert JP Kuehlwein of Columbia Business School notes that celebrity brands typically rely on the founder's visibility for success, and The Outset's low-profile approach undermined its credibility and consumer interest. Existing orders will still be processed, and products may remain available at retail partners while stock lasts. The brand did not respond to requests for comment, and official closure details have not been released.

• The Outset, Scarlett Johansson's skincare brand, announced it is winding down operations.
• The brand was co-founded by Scarlett Johansson and Kate Foster Lengyel in 2022.
• The Outset launched as a DTC brand and later partnered with Sephora, Amazon, and Nordstrom.

Nordstrom's NYC pop-up The Corner Market adds gourmet foods

Nordstrom's New York City flagship store has transformed its pop-up space, The Corner, into The Corner Market, a gourmet food and pantry shop featuring products from over 50 local and global brands including Fishs Eddy, Fishwife, and Monte's Fine Foods. The space, which opened in late September and runs through October 10, offers housewares, pantry staples, and hosting supplies, with a focus on luxury gifting. Customers can create personalized gift boxes starting at $20. This is part of Nordstrom's strategy to evolve its pop-up concept beyond fashion, following past collaborations with Nike, Skims, and Adidas. The move reflects the retailer's broader effort to expand its services and offerings, and follows a 7% year-over-year sales increase in 2025.

• Nordstrom's NYC pop-up The Corner Market features gourmet foods and housewares from over 50 brands.
• The pop-up opened in late September 2026 and will remain open through Oct. 10, 2026.
• Custom gift boxes start at $20 with options including wood boxes and engraving.

Rent the Runway Appoints Paige Thomas as CEO

Rent the Runway has promoted Chief Commercial Officer Paige Thomas to CEO, effective Monday. Thomas, a Nordstrom alum, succeeds interim CEO Teri Bariquit, who becomes non-executive board chair. The announcement came as the company released Q2 results showing sales growth and narrowed losses. Total revenue rose nearly 21% year-over-year to $97.7 million, while active subscribers declined to 140,826. Gross margin expanded to 36.1%, and net loss shrank to $12.9 million. Thomas aims to accelerate the company's transformation rather than change direction.

• Paige Thomas promoted to CEO of Rent the Runway, effective Monday.
• Teri Bariquit, former interim CEO, appointed non-executive board chair.
• Q2 total revenue rose nearly 21% year-over-year to $97.7 million.