About You news and archive

About You posts marginal revenue growth, narrows outlook

The About You Group slightly increased revenue by 2.1 percent to 439.6 million euros in the second quarter. The company said in a statement that based on more efficient cost structures in logistics and marketing, the group made progress towards breaking even at the level of adjusted EBITDA. In view of the results achieved as well as the...

Business

About You, YNAP and Zalando expand educational climate initiative

Now in their second year of collaboration, Yoox Net-a-Porter (YNAP) and Zalando, together with German fashion retailer About You, are set to expand on their ongoing ‘Fashion Leap for Climate’ initiative with a refresh of their educational platform. The three online retailers will be growing their co-created platform by inviting 250 brand...

Business

About You achieves profitability target in Q1

About You Holding SE announced a positive first quarter adjusted EBITDA, reaching break-even earlier than expected. For FY 2023/2024, the company has confirmed its full-year guidance. The group achieved an adjusted EBITDA of 4.2 million euros with a margin of 0.8 percent. Group revenue grew by 0.6 percent to 507.1 million euros. "In Q1...

Business

About You's full year revenues increase 10 percent

About You’s full year revenue grew by 10 percent to 1,904.6 million euros with growth across all segments. Despite an overall decline in online fashion sales in Germany, the company’s commerce business recorded profitable revenue growth in the DACH segment of 9.1 percent and 17.3 percent in the rest of Europe (RoE) segment. The company said,...

BusinessPress Release

SCAYLE wins new customers with a total contract volume of around EUR 100 million in 2022

Brands as Deichmann Group, Fielmann, s.Oliver Group, DefShop, and FC Bayern to migrate their online shops to the commerce platform SCAYLE The e-commerce platform SCAYLE has been recording large increases in the segment of enterprise customers in the current calendar year 2022, including Deichmann Group, Fielmann as the market leader in optics,...

Business

About You expects FY revenue and adjusted EBITDA at lower end of guidance

About You Holding SE group revenue grew by 8.3 percent to 554.9 million euros despite a continuously unfavourable macroeconomic environment. Group adjusted EBITDA was negative 43.1 million euros with a margin of negative 7.8 percent. About You has confirmed guidance for FY 2022/2023 with revenue growth and adjusted EBITDA expected at lower end...

Fashion

Millie Bobby Brown adds fashion to beauty brand with About You collab

British actress Millie Bobby Brown has revealed an expansion to her beauty brand, ‘Florence by Mills’, in the form of a new collection made alongside European fashion retailer, About You. The 76 piece line will feature exclusively on the e-tailer’s site, and includes a range of everyday styles that a press release said were designed with a “...

BusinessFeatured

About You expects macroeconomic headwinds to impact annual results

About You Holding SE has confirmed its revised revenue guidance for FY 2022/2023, reflecting macroeconomic headwinds and declining consumer sentiment across Europe that have resulted in higher inventory levels across the fashion industry and growing pricing pressure. The company said in a release that despite the impact of these developments on...

Business

About You revises outlook on slow business recovery

European fashion platform About You Holding SE has adjusted its outlook owing to declining consumer sentiment and a deterioration in macroeconomic factors that are expected to have a stronger and more prolonged adverse impact on top- and bottom-line developments. For the second quarter, the management board expects an increase in revenue of 4.9...

BusinessFeatured

YNAP, Zalando and About You collaborate on a climate action initiative

Three of Europe’s largest online retailers Yoox Net-A-Porter, Zalando and About You are collaborating on a one-of-a-kind climate action plan to reduce carbon emissions within their value chains and across the fashion industry. The unique industry collaboration will see the three retailers launching a bespoke online learning platform that will...

BusinessFeatured

About You maintains outlook on strong Q1

European fashion platform About You Holding SE has reported revenue growth of 19.4 percent for the first quarter to 504.1 million euros. The company also reiterated its outlook for FY 2022/2023, even as the challenging macroeconomic environment and rising inflationary pressure continue to impact customer behaviour. Commenting on the first...

BusinessFeatured

About You posts 48.5 percent sales growth, outlook positive

About You Holding SE reported year-on-year revenue and customer growth for FY 2021/2022, which ended on February 28, 2022. The company expects continued growth and an improved adjusted EBITDA in FY 2022/2023. The company said in a release that the group recorded top-line growth of 48.5 percent year-on-year to 1,731.6 million euros, despite the...