Business
Mytheresa closes the deal to acquire YNAP from Richemont
Mytheresa has acquired 100 percent of the share capital of Yoox Net-A-Porter Group (YNAP). At transaction closing, Richemont will sell YNAP to Mytheresa with a cash position of 555 million euros and no financial debt. Richemont will also make available a six-year revolving credit facility of 100 million euros to finance YNAP’s general corporate...
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Business |Interview
From H&M game changer to Elho ‘re-founder’: Donald Schneider's creative masterplan
Even a brief glance at the vita of Donald Schneider, founder and creative director of Donald Schneider Studio, reads like a chapter out of fashion history. The Swiss-born creative, who doesn’t quite identify with the title of an art director – a term that doesn’t come close to describing the breadth of his work – made his mark in New York in the...
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