LuxExperience vs Prada Group

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. (ehemals MYT Netherlands Parent B.V.) hat ihren Jahresbericht auf Form 20-F für das zum 30. Juni 2026 beendete Geschäftsjahr eingereicht. Der Bericht dokumentiert die umfassende Integration der von Richemont im April 2025 übernommenen YOOX NET-A-PORTER GROUP S.p.A. (YNAP) sowie den im April 2026 vollzogenen Verkauf von THE OUTNET. Die Gruppe gliedert ihre operative Struktur nun in Luxury | Mytheresa, Luxury | NAP & MRP und Off-Price | YOOX. Besondere Schwerpunkte bilden operative Integrations- und Synergierisiken, Logistiknetz-Konsolidierungen, der Wegfall von Third-Party-Cookies, regulatorische Anforderungen durch den EU AI Act sowie makroökonomische Belastungen der Luxusgüternachfrage.

• Zum 30. Juni 2026 wies LuxExperience B.V. 139.699.831 ausstehende Stammaktien mit einem Nennwert von 0,000015 € je Aktie auf.
• Die Konzernstruktur umfasst nach der YNAP-Übernahme und dem im April 2026 abgeschlossenen Verkauf von THE OUTNET drei operative Segmente: Luxury | Mytheresa, Luxury | NAP & MRP und Off-Price | YOOX.
• Die Kundenkonzentration im Segment Luxury | Mytheresa blieb hoch: Die oberen 4,8 % der Kunden machten im Geschäftsjahr 2026 rund 48,4 % des Gross Merchandise Value (GMV) aus.

Prada Group posts double-digit H1 2026 revenue growth

Prada Group reported a 16% year-on-year increase in net revenues for the first half of 2026, reaching €3.05 billion, with organic growth of 5% (Q2 organic +7%). Retail remained the largest channel at €2.63 billion. The core Prada brand recorded roughly 3% retail growth while Miu Miu also grew though less than the prior year. Adjusted EBIT was €530 million, representing a 17.4% margin; the margin decline reflected currency effects and the inclusion of Versace. The group ended the half with net debt of €693 million, invested €247 million, and paid dividends. Management described the outlook as cautiously optimistic amid geopolitical and economic uncertainty, emphasizing product innovation and operational discipline.

• Prada Group net revenues in H1 2026 were €3.05 billion, +16% year-on-year.
• Organic revenue growth was 5% for H1 2026; Q2 organic growth was 7%.
• Retail channel sales amounted to €2.63 billion.