Zalando news and archive

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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Zalando remains on growth path in first quarter

The Berlin-based online fashion retailer Zalando SE concluded the first quarter of the 2025 financial year with a solid increase in sales and significantly improved its earnings. The latest results, which the company presented on Tuesday, were not surprising. Analysts had recently expected that the e-commerce specialist would continue its growth...

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H&M, Zalando, Zara, leaders in cross-border fashion e-commerce in Europe

H&M, Zalando, Zara and Decathlon are among the most successful companies in terms of cross-border e-commerce in Europe, according to a recent report by Cross-Border Commerce Europe. FashionUnited takes a look. The specialist company revealed its latest annual ranking of the top 500 European cross-border online shops in the seventh edition of its...

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Zalando acquires 3D technology specialist DeepAR

Zalando is acquiring London-based startup DeepAR and its associated ShopAR platform featuring 3D technology. The e-tailer confirmed the acquisition in a press release to FashionUnited. Financial terms of the deal were not disclosed. Matthias Haase, vice president of Content Solutions at Zalando, commented: “We are incredibly excited to welcome...

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Zalando secures more than 90 percent of About You, squeeze-out planned

Online retailer Zalando is close to completing the takeover of its competitor About You. The Berlin-based company has secured more than 90 percent of About You's share capital, as it announced on Friday. Shares held by About You itself are not included in this figure. As soon as the purchase of the shares has been completed following approval by...

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Zalando more than triples annual profit in 2024

Berlin-based online fashion retailer Zalando SE announced solid financial results for fiscal year 2024 on Thursday, reporting both increased revenue and a substantial rise in profits. n mid-January, the e-commerce company had already pre-announced that it had exceeded its earnings forecast for the final quarter – an outlook that had been raised...

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Tengelmann Appoints Former Zalando CFO Sandra Dembeck

Kik parent company Tengelmann Twenty-One KG has appointed Sandra Dembeck as its new Chief Financial Officer (CFO). Dembeck will assume her new role on April 1st, Tengelmann announced Monday on the professional networking platform LinkedIn. Following a transitional period, she will take over from current CFO Ágnes Faragó. Dembeck most recently...

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Zalando becomes exclusive retail partner of Diane von Furstenberg in Europe

Zalando and Diane von Furstenberg are entering into an exclusive partnership which will see the German e-commerce giant become the designer brand's exclusive retail partner in Europe, a press release announced. Diane von Furstenberg will be offered on Zalando in all 25 markets. In addition to Zalando, the designer brand is still available via...

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Retail|Study

5 Tips for Retailers to achieve winning strategies in 2025

With the new year truly underway, retailers around the world are putting their game faces on for a volley of fresh challenges. From ever-changing consumer behaviors to emerging technologies, market fluctuations, and shifting regulations to convoluted trade dynamics, retailers will have to square off with a new retail game in 2025. Thriving...

Fashion

Nigerian brand Iamisigo wins Zalando Visionary Award 2025

Fashion brand Iamisigo has won the Zalando Visionary Award. The Nigerian brand is praised for its "groundbreaking exploration of artisanal craftsmanship and innovative textile applications", according to the press release. Thanks to the win, Iamisigo will present its SS26 collection at Copenhagen Fashion Week next August. In addition, the brand...

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Zalando launches 6.50 euros per share tender offer for About You

Zalando SE (ZLNDY), an online retailer of fashion and lifestyle products, announced the launch of a 6.50 euros per share public tender offer for About You, following the approval of the German Federal Financial Supervisory Authority (BaFin). The Acceptance period starts today and is expected to end on 17 February 2025. The Takeover Offer is not...

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Strong final quarter: Zalando exceeds profit target

Berlin-based online fashion retailer Zalando SE was able to exceed its own expectations in the final quarter of the 2024 financial year. In view of the surprisingly positive development over the Christmas period, the company increased its profit forecast on Wednesday evening. For the full year, Zalando now expects earnings before interest and...