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Zalando co-CEO Rubin Ritter to step down

Zalando has announced that its co-CEO Rubin Ritter is stepping down from the company at the next annual general meeting (AGM) in 2021 in order to devote more time to his family. Ritter’s contract was due to end in November 2023. Since 2010, Ritter, along with co-CEOs Robert Gentz and David Schneider, has built up the company from a startup to a...

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Design

Zalando furthers online European hold

Zalando, the European online fashion and footwear retailer, has announced that Investment AB Kinnevik has acquired a further 10 percent equity in the company thereby making it the largest shareholder. Investment AB Kinnevik now holds a 26 percent direct stake in Zalando and further 9 percent indirectly through Rocket Internet. The investor...

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