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...
Jan 21, 2022
As part of the management restructuring, which would come into effect from March 1, 2022, Zalando SE has announced that current CFO David Schröder will assume the newly created role of chief operating officer (COO), while Dr Sandra Dembeck will step into his position as new chief financial officer (CFO). Commenting on the management changes,...
Dec 16, 2021
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...
Dec 9, 2021
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
Nov 30, 2021
Online platform Zalando has launched its holistic holiday campaign, titled Joy Is Ours. Centered around “an emotional and powerful rallying cry that captures the essence of the holiday season”, the campaign focuses on being with friends and family, as well as getting used to the changes that have occurred within the world. Shot by Grammy nominee...
Nov 8, 2021
Zalando grew its third quarter GMV by 25.3 percent to 3.1 billion euros, slightly above the company’s mid-term target growth corridor of 20-25 percent. Revenues grew in the same period by 23.4 percent to 2.3 billion euros. The company said in a release that strong customer acquisition and the continued positive development of existing customers...
Nov 3, 2021
Swedish family-fun fashion label House of Dagmar, which won the inaugural Zalando sustainability award during Copenhagen Fashion Week, has unveiled a capsule collection for the European e-tailer. The exclusive 20-piece House of Dagmar sustainable collection has been developed in partnership with Zalando and highlights the fashion brand’s...
Nov 1, 2021
Online fashion platform Zalando has relaunched its Zircle app with added features. Zircle, designed to be a peer to peer marketplace, will now offer free shipping with DHL for users in Germany. While only available for female clothes currently, the option to buy and sell men’s clothing on the app will soon be added. Alongside the option to...
Oct 29, 2021
Kinnevik’s net asset value amounted to 75.8 billion Swedish krona or 273 Swedish krona per share at the end of the third quarter, down by 0.3 billion Swedish krona or 0.4 percent compared to last quarter, and up by 13.3 billion Swedish krona or 21.3 percent compared to a year ago. The company said in a statement that negative share price...
Oct 20, 2021
European multibrand platform, Zalando, has announced it has established a strategic partnership with beauty retailer Sephora to implement an extended beauty offering into its German division. The partnership will see a wide range of Sephora brands come to the online platform, including the likes of Fenty Beauty, Huda Beauty, Rare Beauty and...
Oct 18, 2021
European e-commerce platform Zalando has announced plans to introduce new business models and initiatives as part of the retailer’s goal to increase the company’s circularity throughout its product life cycles. “To reduce its negative impact on people and the planet, the fashion industry needs to move to a circular system,” explained Zalando’s...
Oct 5, 2021
Zalando is the latest fashion company to invest in circular apparel and textile technology group Infinited Fiber Company. The German e-tail giant announced Tuesday it has invested an undisclosed sum in the Finish company, whose proprietary technology turns cellulose-based raw materials like cotton-rich textile waste into a regenerated textile...
Sep 29, 2021
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