Renzenbrink & Partner advises ABOUT YOU on the foundation of LeGer GmbH
21. May 2021As part of their existing operational partnership, ABOUT YOU and Lena Gercke have founded LeGer GmbH, under whose umbrella the fashion label “LeGer” will be marketed in future.
ABOUT YOU sells a range of more than 2,000 fashion brands via its customized online store in 23 countries, making it one of the largest fashion and lifestyle platforms in Europe. ABOUT YOU generated sales of EUR 1.17 billion in the 2020/21 financial year
The “LeGer” brand is the fashion label of model, presenter and fashion designer Lena Gercke and is one of ABOUT YOU’s best-selling brands. The label is to be further expanded under the joint umbrella.
Renzenbrink & Partner advised ABOUT YOU comprehensively on all (tax) legal aspects of the formation and the future structure of the shareholder relationship as well as the link to the operational legal relationships.
The Renzenbrink & Partner team consisted of partners Dr. Dennis Schlottmann (Corporate/M&A) and Marc H. Kotyrba (Tax) as well as associate Dr. Alexander Haunschild (Corporate/M&A).