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...
8 Apr 2025
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...
7 Mar 2025
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...
6 Mar 2025
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...
24 Feb 2025
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...
18 Feb 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...
31 Jan 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...
30 Jan 2025
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...
20 Jan 2025
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...
16 Jan 2025
In a dynamic, ever-evolving landscape, it's crucial for brands to identify trends early and adapt flexibly to ensure future relevance. Based on a database of over 50 million customers in Europe, Berlin-based online retailer Zalando has identified five key macrotrends. These are not only reshaping design and consumer preferences but also...
15 Jan 2025
A new report has looked back at online fashion retailer Zalando's impact on the European economy and performance it had achieved during the year 2023. Titled 'The Economic Impact of Zalando in Europe', the report, conducted by international research and consulting firm Oxford Economics for Zalando, assessed the company’s direct and indirect...
3 Jan 2025
Zalando is revising its 'Plus Programme', eliminating the previous annual fee in favour of a points system. Customers of the Berlin online retailer will in future be able to collect points through purchases and activities such as subscribing to newsletters in order to advance through four levels, Zalando announced on Friday. Depending on their...
27 Dec 2024