BusinessMember
LuxExperience to sell The Outnet assets in 30 million dollar deal
LuxExperience – the luxury group formed following Mytheresa’s acquisition of Yoox Net-a-Porter (YOOX) – has announced that it has entered into an agreement with The O Group LLC to sell the set of assets that power multibrand platform The Outnet. The deal, to be made for a cash consideration of 30 million dollars, includes the relevant brand...
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Business|Interview Member
Shoe circularity gets trial run: Footwear Collective pilots circular systems amid EPR push
While fashion’s recycling systems are steadily advancing, footwear remains one of the industry’s toughest circularity challenges. It is this challenge, however, that The Footwear Collective is looking to tackle head-on through a series of shoe-dedicated programmes that intend to address the lack of infrastructure readily available to this...
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