From Etro to Y/Project: who’s buying, who’s selling, who’s closing down

The global slowdown in fashion purchases and the closure of some major e-commerce players is jeopardizing the survival of brands. This outcome will, inevitably, also affect the manufacturing chain. Mayhoola reportedly has its eye on Etro, offering 200 million euros to take 100% of the shares. According to Il Messaggero, which broke the news, the…