Luxury digital retailer My Theresa has filed for IPO. Over the past 9 quarters the retailer grew more than 50% in terms of shoppable SKU, and sales must be following the same pattern. Steady growth, quarter after quarter even during pandemic, which was extremely successful for retailers but posed significant challenges to the supply chain, a slower growth during 2020 means simply that provisioning became harder, with manufacturers in a lockdown. The retailer enters the IPO process in a strong position. The question will be on marginality, since My Theresa often appears among the heavy discounting retailers in their peer group.
