Overview
- Belin will report to LuxExperience chief executive Michael Kliger, who now leads group strategy across Mytheresa, Net-a-porter, Mr Porter and Yoox after the YNAP deal.
- Mytheresa generated €988.5 million in fiscal 2025, underscoring momentum that the company highlights as it enters a new leadership phase.
- In the latest quarter, Mytheresa’s GMV rose 13.5% to €245.9 million, net sales grew 12.2% to €226.3 million, and gross margin improved to 44.6%, up 70 basis points year over year.
- LuxExperience reported a 4.3% decline in group GMV to €589 million and an adjusted EBITDA loss of €28.1 million, while citing progress on turnarounds at Net-a-porter, Mr Porter and off-price operations.
- Belin most recently served as Christie’s president for Asia-Pacific and previously held roles at Swarovski and Richemont after starting his career at McKinsey & Co.