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    Reference: 20130315
    Release date: 24 February 2014

    Promoter – Financial Intermediary

    YOOX SPA

    Location

    Description

    The project concerns investments into new software applications and related IT and logistics systems.

    Objectives

    The measures aim to optimise and expand the promoter's e-business platform and to increase the efficiency of the delivery process. In addition the new platform will support a wider range of sales channels such as smart phones / tablets and further sales markets.

    Comments

    Sector(s)

    Proposed EIB finance (Approximate amount)

    EUR 45 million

    Total cost (Approximate amount)

    EUR 105 million

    Environmental aspects

    The investments will mainly concern R&D activities most likely within existing facilities. Therefore, it is unlikely that the project will fall under Annex I and II of Directive 2011/92/EC. Nevertheless, the environmental details including environmental objectives of the R&D program and if needed, the CO2 footprint as well as the possible impacts on protected flora and fauna (Habitats 92/43/EEC and Birds 79/409/EEC Directives) will be assessed during the appraisal.

    Procurement

    The promoter is a private company not operating in the utilities sector and not having a status of a contracting authority. Thus, it is not covered by the EU directives on procurement.

    Status

    Signed - 11/09/2014

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
    They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

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