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Business

Before takeover by Zalando: About You increases annual sales and reduces loss

Hamburg-based online fashion retailer About You Holding SE presented its results for the financial year 2024/25, shortly before its planned takeover by competitor Zalando. On Thursday, the e-commerce specialist announced that it had met its forecasts with an increase in sales and progress in earnings. In the past financial year, which ended at...

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Business

Inside the deal: Zalando and About You founders break down the takeover

Two of the biggest online fashion retailers in Europe are joining forces. Berlin-based Zalando acquires German competitor About You for 1,1 billion euros. The surprising deal raises questions about synergies as the two companies seek to continue operating as independent brands. Here is what the CEO founders of both companies explained in calls...

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