Zalando news and archive

Zalando nominates Kelly Bennett as supervisory board chairperson

Zalando SE (ZLNDY) said that it has nominated its deputy Chairperson Kelly Bennett as its Supervisory Board Chairperson. He would succeed Cristina Stenbeck, who has decided not to stand for re-election. Bennett has been a member of Zalando's Supervisory Board since 2019 and serves as an advisor to the leadership teams of Microsoft, Strava,...

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Business|BACKGROUND

With platforms booming, what happens to wholesale?

When online retailers like Zalando, for example, want to triple their platform business in a few years, this will have serious implications for the traditional wholesale business and the brands involved. All the more so because Zalando is just one example of several. What does it mean when more and more online retailers develop their traditional...

Business

Zalando to repurchase up to 200 million Euros of shares

Zalando SE (ZLNDY), a German multi national E-commerce company based in Berlin, Germany, said it decided to initiate a share buy-back program. The program covers the repurchase of up to 2.2 million own shares with a total purchase price, excluding incidental transaction charges, of up to 200 million euros. The buy-back program starts on 21...

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Retail

These holiday campaigns are set to grab customers' attention

Fashion brands, apparel manufacturers and retailers are ringing in the Christmas season with these campaigns and collections. With slogans like “Happiness belongs to us,” “Your Style. Your Sound. Your Christmas” and “Coming home for Christmas - Travel lightly,” they place themes like community, returning to normalcy and sustainability at the...

Video

Video: Zalando x House of Dagmar capsule collection

In this video, Zalando has revealed its capsule collection with Zalando Sustainability Award Winner, House of Dagmar. Watch the video below. Do you want to see more clothing collections? Click here to view the FashionUnited Marketplace. Video: Zalando via YouTube Photo credit: Image: Zalando via YouTube

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Business|ANALYSIS

Germany’s About You sees stock soar on improved annual outlook

German online fashion retailer About You YOUG.DE raised its full-year sales outlook on Tuesday citing strong second-quarter revenue growth. On the back of the news, the retailer’s shares outperformed the national benchmark index – DAX – as well as strong players including Puma and Adidas. It’s worth recalling that the retailer went public in...

Retail

Zalando expands in Eastern Europe

German e-tailer Zalando has expanded its presence in Eastern Europe by launching in Slovenia, Slovakia, and Lithuania. Operations in the aforementioned countries go live July 2. Eastern Europe has become a major target for the e-commerce company with plans for Zalando to launch in Croatia, Latvia, and Estonia later this year and Hungary and...

Retail

Zalando and Sephora announce prestige beauty tie-up

German fashion giant Zalando has teamed up with French beauty retailer Sephora for a new strategic partnership “to create the ultimate online prestige beauty destination” for Zalando’s millions of users. The tie-up will give Zalando shoppers access to Sephora’s assortment of several thousand beauty products from more than 300 prestige and...

Business

Zalando gifts employees one week of vacation

Online fashion retailer Zalando has come up with a special gift for its employees for the holiday season: “zacation”, or one collective week off, as a thank you for the hard work during the pandemic. “Covid-19. When we said goodbye to the office in March, we thought: See you in four weeks. Now, a year and a bit later we see that a pandemic is...

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Fashion

Zalando names finalists for sustainability award

Online fashion retailer Zalando has shortlisted Mother of Pearl, Nikolaj Storm Copenhagen and Teatum Jones for its sustainability award at Copenhagen Fashion Week. The award aims to encourage fashion brands to explore sustainable alternatives while recognising strategies that contribute to a more sustainable industry, explains Zalando, and for...

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Business|ANALYSIS

The key to Otto Group’s decision to float About You

Unlike other e-commerce operators, About You hasn’t been able to capitalise on the online shopping boom brought by the pandemic. With their recently announced initial public offering of shares (IPO), the German retailer expects to be perceived as “a recovery play” by investors. “We were not a lockdown winner,” About You’s co-founder Tarek...

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Business

Fashion CEOs set sustainable priorities as gaps between goals and action remain

Leaders from fashion companies including Nike, H&M and Kering outlined priorities for a sustainable industry at this year’s Fashion CEO Agenda, while suppliers urged for the bridging of gaps between words and actions. The 2021 agenda introduced five areas of social and environmental sustainability that industry leaders have to focus on:...