Zalando news and archive

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...

BusinessFeatured

Zalando intends to take over About You

Zalando intends to make an offer for e-tailer About You. Both Zalando SE and About You's parent company, the Otto Group, have confirmed the planned acquisition. Zalando aims to acquire 100 percent of About You's shares for 6.50 euro per share. Summary • Zalando plans to acquire 100 percent of About You's shares for €6.50 per share. • Key About...

Business

Zalando at share high since May 2023

Zalando shares became the biggest DAX winner on Wednesday. After a flat start, they moved into positive territory and increased their gains to almost six percent by lunchtime. At 32.60 euros, they reached their highest level since May 2023. With an annual increase that has now grown to more than half, Zalando shares have built up a comfortable...

Fashion

Feben, Iamisigo and Rave Review named finalists of Zalando Visionary Award

Copenhagen Fashion Week (CPHFW) and Zalando have revealed the names of the finalists for the 2025 Zalando Visionary Award, the winner of which will secure a spot on the roster of CPHFW’s SS26 edition and receive industry support. London-based Feben is among the finalists. The brand, which was founded by the Ethiopian designer of the same name,...

Business

Next chooses Zeos as fulfilment partner in continental Europe

British fashion retailer Next has selected Zeos, the business-to-business unit of Zalando, as its fulfilment partner in continental Europe. In a statement, Next said that while it had previously leveraged Zalando Fulfilment Solutions (ZFS) for the majority of its Zalando-based business, this new agreement with Zeos Fulfilment expands its...

Business

Surprising profit: Zalando is more optimistic for 2024

After a good start to the autumn and winter season of 2024, the online retailer Zalando wants to step it up a gear. In day-to-day business, the group is aiming for more profit than previously communicated. Managers are also no longer expecting the worst for other key financial indicators. Co-CEO Robert Gentz sees the company as well positioned...

Fashion

Zalando debuts first adaptive children’s collection

Zalando has launched its first adaptive collection for children under its brands Friboo and Yourturn Kids, which focus on pieces that meet the needs of children with disabilities, the Berlin-based online retailer announced on Thursday. A total of 29 pieces such as T-shirts, trousers, sweaters, underwear and bodysuits with various adaptive...

Fashion |In Pictures Featured

Zalando repositioning brand on “quality, lifestyle, and inspiration”

German-based fashion and lifestyle e-tailer Zalando has unveiled a new brand positioning and identity through its new autumn/winter 2024 campaign focusing on “quality, lifestyle, and inspiration”. The ‘What Do I Wear?’ campaign, which features stars including actor William Dafoe, model and actress Brigitte Nielsen, and TikTok star Sabrina...

BusinessFeatured

Zalando's Q2 growth boosted by sport, designer and beauty

European fashion and lifestyle e-tailer Zalando reported a revenue increase of 3.4 percent to 2.6 billion euros in its second quarter due to increased demand for its expanded lifestyle offering in sports, designer and beauty. Zalando's financial report for the second quarter of 2024 shows gross merchandise volume (GMV) rose 2.8 percent to 3.8...

Business

Ellen MacArthur Foundation and leading brands start The Fashion ReModel to pursue a circular approach

How to make money in fashion without making new clothes? That is ultimately the question that needs to be solved by the industry in view of the current take-make-waste models that churn out 100 billion (!) pieces of new clothing each year only to be discarded after a few wears. The Ellen MacArthur Foundation has announced a new initiative called...

People

Zalando appoints new general manager for sports

European fashion and lifestyle e-tailer Zalando has appointed Nina Graf-Vlachy as its new general manager for sports to support the expansion of its sports lifestyle proposition. Graf-Vlachy, who was with sportswear brand Puma for over a decade and served as their managing director of central Europe, will start at Zalando in August and report to...

BusinessFeatured

Zalando co-founder David Schneider steps down as Co-CEO

European fashion and lifestyle e-tailer Zalando has confirmed that its co-founder David Schneider is stepping down as co-chief executive officer to focus on group-wide strategic partnerships and brand relations. Schneider is handing over his role as co-chief executive officer to David Schröder, Zalando’s current chief operating officer, who has...