Brunello Cucinelli and Matteo Marzotto are among the investors in YHub, a specialist in traceability and sustainability in the fashion industry.
Five new high-profile investors have decided to back YHub, a leading group in solutions and technologies for traceability and sustainable transition in the fashion and luxury industry.
Founding partners Francesca Rulli, Massimo Brandellero and Cristian Iobbi will continue to lead YHub and Matteo De Angelis was confirmed as the group’s general manager. While financial details were not disclosed, the capital increase transaction aims to scale up the business model while strengthening the group’s international vocation.
“We are very pleased to have reached such an agreement, which for us marks a further significant step along the path of what we at Solomeo like to call Human Sustainability,” said Riccardo Stefanelli, CEO and executive board member ofSpA.
France Dernières Nouvelles, France Actualités
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