May 24, 2022 / 02:00PM GMT
Oliver Chen - Cowen and Company, LLC - Analyst
Thank you for joining us today. I have the pleasure of welcoming Martin Beer, the CFO of Mytheresa. In our view at Cowen, Mytheresa is positioned as a key beneficiary of the global luxury going online. It provides curated, edited product assortment and builds strong customer engagement with top luxury customers.
Average check sizes at Mytheresa are in the EUR600 range. And note that it was a spinoff from Neiman Marcus and IPOed in January 2021. Cowen rates Mytheresa outperform, price target of $22 on EV to sales of two times.
A brief introduction on Martin, Martin has served as CFO since September 2020. And prior to joining Mytheresa, Martin spent 14 years as a CFO and COO in fast-growth digital and focused B2C and B2B e-commerce companies. Martin, it's great to have you here.
Martin Beer - Mytheresa Group GmbH - CFO
Happy to be here.
Questions and Answers:
Oliver Chen - Cowen and Company, LLC - AnalystSo it's a competitive space. Consumers can
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