According to a statement released by H&M, the new company is called Looper Textile, with H&M and Remondis each owning a 50% stake.

Mytheresa achieved steady growth in gross merchandise value (GMV), reaching €215.9 million this season.

This performance reflects the ongoing successful execution of the Company’s “CLAIM 5” strategy, which drove robust consumer demand for BOSS and HUGO also throughout the fourth quarter.

This performance reflects the successful execution of the Company’s “CLAIM 5” strategy

Mercedes-Benz’s exploration goes beyond the existing boundaries of car manufacturing, trying to provide consumers with possible future travel solutions and finding a door to open a “new world” for the car manufacturing industry.