Luxury fashion retailer Mytheresa reported a 3.8 per cent increase in net revenue for the third quarter of the 2025 fiscal year, attributing the growth to strong performance in Southern Europe and the Middle East. The company said net sales reached €228.1 million, up from €219.7 million in the same period last year. Growth was partially offset by weaker demand in the United States, where consumer caution and higher tariffs on European imports are weighing on performance. Mytheresa’s gross merchandise value for the quarter rose by 4.8 per cent year-on-year to €252.8 million. The company said that while demand remained stable in core European markets, it saw “outsized growth” in Saudi Arabia and the United Arab Emirates, where luxury consumption has rebounded sharply in recent months. Customer acquisition in those regions was supported by localised marketing strategies and exclusive product drops. Operating income for the quarter fell slightly to €7.4 million, down from €8.5 million the ...