About you news and archive

About You posts strong Q1 growth, reiterates outlook

Online fashion platform About You reported first quarter net revenue growth of 65.5 percent to 422.1 million euros. Commenting on the first quarter trading, Tarek Müller, co-founder and co-CEO of the company, said: “Our successful listing in June has boosted both our visibility and our financial strength, allowing us to push ahead full steam...

Jul 22, 2021

Fashion |In Pictures

About You x Kendall Jenner collection will be available for just 72 hours

German e-tailer About You has linked with Kendall Jenner for the first time to launch a summer capsule collection that will be on sale for just 72 hours. Launching on July 25, the 11-piece capsule includes “cool essentials with an elevated touch”, comprising a mix of shirts, tops, shorts, cropped jumpers, a slip dress and a bikini. The designs...

Jul 16, 2021

Business

Fashion Friday: COVID-19 drives digitalisation of fashion brands in Eastern Europe

This month’s Fashion Friday podcast series by Euromonitor International analyses the impact of digitalisation of fashion brands in Eastern Europe. Euromonitor International·Fashion Friday: Accelerating the Digitalisation of Fashion Brands in Eastern Europe Digitalisation became a part of Eastern European fashion brands’ strategy a few years...

Jul 2, 2021

Report

German e-tailer About You eyes 4bn euro valuation in IPO

German fashion e-tailer About You has set a price range of between 21 euros to 26 euros a share for its float on the stock market, valuing it at around 4 billion euros. The company, which is owned by Otto Group, said it aims to raise between 600 million euros and 941 million euros via a private placement which it will use to scale its offering...

Jun 8, 2021

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...

Jun 1, 2021

Report

German e-tailer About You plans IPO on Frankfurt Stock Exchange

German fashion e-tailer About You has announced plans to float on the Frankfurt Stock Exchange in the second quarter of the year. The company, which is owned by Otto Group, aims to raise 600 million euros with the IPO, which it will use to scale the company’s offering internationally, accelerate the expansion of its software-as-a-service (SaaS),...

May 28, 2021

Business

Bestseller invests in German fashion retailer About You

Heartland A/S, the investment company owned by Besteller A/S, has acquired a double-digit stake in the German e-commerce platform About You GmbH. The investment is part of a financing round of around 300 million US dollars (approximately 230 million pounds or 227 million euros). About You was founded in 2014 as a subsidiary of Otto Group, the...

Jul 19, 2018