Stock Track | Luxexperience BV Soars 5.22% Following Appointment of New Mytheresa CEO

Stock Track2025-11-25

Luxexperience BV (LUXE) saw its stock price surge by 5.22% during Tuesday's trading session, following a significant leadership announcement. The company revealed that Francis Belin would be taking over as the new Chief Executive Officer of Mytheresa, one of its key subsidiaries, effective January 1, 2026.

The appointment of Francis Belin marks a strategic move for Luxexperience BV. Belin, who joins from Christie's, brings valuable experience in luxury and international markets to the role. This change comes as part of a broader leadership reshuffle, with current Mytheresa CEO Michael Kliger set to continue as LuxExperience Group CEO, overseeing Mytheresa along with other high-end e-commerce platforms including NET-A-PORTER, MR PORTER, and YOOX.

Investors appear to have responded positively to this leadership transition, likely viewing Belin's appointment as a potential catalyst for growth in the competitive luxury e-commerce sector. The market's enthusiastic reaction suggests confidence in Luxexperience BV's strategic direction and its ability to strengthen its position in the luxury retail market under new leadership.

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