Yes. Worth more than 400. You people are fucking spoiled by SNS's undervalued retail price. The knits are as good as anything out there and that is one of the good ones. I didn't pay 400 for mine, but I paid about 3 and it was more than worth it.
Hans Christian Madsen is a young Belgian designer who graduated from the Royal College of Arts with a degree in knitwear. Madsen has sadly floated off the radar, I believe after closing his namessake collection shortly after graduating, and is now working for a brand whose name I can't recall atm but is essentially the Spanish equivalent of Filippa K, boring mid-tier biz-cas with with solid quality and the occasional interesting design.