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Welcome to Zalando’s Press Service

Press Releases from Zalando

Zalando profitable in Q2 2014

published on 18th July 2014

Berlin, July 18, 2014 – Zalando continued to grow strongly in the second quarter of 2014, reaching group revenues of EUR 1,020-1,060 million in the first half-year 2014 (first half-year 2013: EUR 809 million) according to preliminary figures. The favorable trend towards break-even observed in Q1 2014 accelerated, leading to a profitable Q2 at group level and a first half-year group EBIT margin around break-even (compared to -9% in first half-year 2013). The significant margin improvement was driven by all major cost line items, including cost of sales, fulfilment and marketing. Read the full press release

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Zalando launches shopping app in the UK

published on 3rd July 2014

Berlin, 3rd July 2014. Using a smartphone or a tablet to shop online is an increasingly popular option for many consumers and the mobile commerce sector has been witnessing rapid growth over the last few years. Zalando is also part of this upward trend, with around 38 percent of visits to Zalando in the first quarter of 2014 made on mobile devices. Zalando has now launched apps for Apple and Android devices for its customers in the UK, allowing them to shop whilst on the go. The apps have been developed in-house and are available for download now. Read the full press release

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Zalando transforms into a Societas Europaea

published on 28th May 2014

Berlin, May 28, 2014. Zalando, Europe’s leading online platform for shoes and fashion, has transformed its legal form into a Societas Europaea (SE), thereby strengthening and professionalizing its Corporate Governance structure. Following the entry into the commercial register today the change in legal form has become effective and the company will operate as Zalando SE going forward. The new legal form has no impact on the company’s day-to-day operations. Its headquarters will remain in Berlin. Read the full press release

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Zalando with strong start into 2014

published on 9th May 2014

Berlin, May 9, 2014 - Zalando, Europe’s leading online platform for fashion, has had a strong start to the year. Group revenues grew to EUR 501 million¹ or by 35 per cent compared to the first quarter in 2013 (Q1/2013: EUR 372 million), which was impacted by adverse weather conditions. Revenues in the DACH region increased by 27 per cent to EUR 284 million (Q1/2013: EUR 223 million). Group EBIT margin improved significantly year-on-year, but remained negative in the first quarter 2014 due to seasonality and continued investment. The improvement was mainly driven by higher fulfilment productivity, increased marketing efficiency and a good start into the spring/summer season. Read the full press release

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Zalando recalls five pairs of women’s shoes

published on 7th April 2014

Berlin, 7th April 2014. To rule out any possible health risks for their customers, Zalando recalls five pairs of women’s shoes. Around 1,500 customers have been asked to return the products in question back to Zalando. They can of course return them free of charge and the cost of the shoes will also be refunded. Read the full press release

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Zalando grows net sales by 600 million EUR in 2013

published on 14th February 2014

Berlin, February 14, 2014. Zalando, Europe’s leading online shop for fashion, grew net sales in 2013 by about 600 million EUR or over 50 per cent to 1.8 billion EUR, according to the company’s preliminary figures. The growth was driven by the successful expansion of the existing shoe and apparel categories in the core markets, as well as strong developments in the seven new markets Zalando entered in 2012. Read the full press release

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Zalando Changes Legal Form to Zalando AG

published on 11th December 2013

Berlin, 11 December 2013. Zalando today has filed for the change of its legal form from a German limited liability company (GmbH) to a private German stock corporation (AG). Following the entry into the German trade register, the company will be referred to as Zalando AG. Read the full press release

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Zalando increases net sales to 437 million EUR in Q2/2013

published on 23rd October 2013

Berlin, October 23, 2013. Zalando further strengthens its market position in both, Germany and Europe. During the second quarter of 2013 (Q2/2013) Europe’s leading online shop for fashion and shoes increased its net sales to 437 million EUR. Compared to 257 million EUR net sales in the second quarter of 2012, Zalando’s revenues have grown by more than 70 per cent. Thereby, the e-commerce company continues its positive development in all launched markets and builds up sustainable structures on a solid financial basis. Read the full press release

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Zalando welcomes new shareholder to support future growth

published on 2nd October 2013

Berlin, October 2nd, 2013. The leading global investment firm Ontario Teachers’ Pension Plan (OTPP) is joining Zalando’s shareholder circle. OTPP is the largest single-profession pension plan in Canada, providing long-term investment for Ontario’s teachers. Through a capital increase, the fund secured around 2 percent of the shares in Zalando. Further capital increases of up to 2 percent of the shares in Zalando may follow as part of this financing round, led by OTPP. Read the full press release

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Zalando introduces Anders Holch Povlsen as a new shareholder

published on 13th August 2013

Berlin, August 13, 2013. Anders Holch Povlsen, the well-known fashion entrepreneur and owner of BESTSELLER, joins the Zalando shareholder group, acquiring 10 percent of the shares in Zalando. BESTSELLER is one of Europe’s leading fashion companies, with fashion brands such as JACK & JONES, VERO MODA, ONLY and SELECTED. Read the full press release

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Kinnevik now directly owns all of its Zalando shares

published on 13th August 2013

Berlin, August 13, 2013. Zalando shareholder Rocket Internet has transferred its shares in the online company to its own shareholders Kinnevik, European Founders Fund (EFF) and Access Industries. As a result, Kinnevik now holds 37 percent shares in Zalando directly and is therefore officially the largest shareholder of the Berlin-based e-commerce company. Read the full press release

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Zalando increases net sales to 372 million EUR in Q1/2013

published on 19th July 2013

Berlin, July 19, 2013. Zalando continues to experience rapid growth in both, Germany and Europe. During the first quarter of 2013 (Q1/2013) Europe’s leading online shop for shoes and fashion increased its net sales to 372 million EUR, as the company’s preliminary figures show. In Q1/2012, net sales amounted to 214 million EUR. Thus, the online retailer is growing by 74 percent compared to the previous year, in spite poor weather conditions that have affected the entire fashion industry. Read the full press release

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Zalando shareholder Kinnevik increases share by 3.5 percent

published on 28th June 2013

Berlin, June 28, 2013. Zalando shareholder Investment AB Kinnevik has exercised the option to acquire additional 3.5 percent of shares in Zalando. Thus, Kinnevik directly holds 29 percent of the European online retailer plus another 9 percent indirectly through Rocket Internet. Read the full press release

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"Kaviar Gauche for Zalando Collection" announces occasion and bridal wear collaboration

published on 28th March 2013

Berlin, 28th March, 2013. After their first successful collaboration, Zalando Collection and Kaviar Gauche have decided to take the next step and develop a range of occasion wear. The 20 piece collection, available from the end of March 2013, will include ready-to-wear garments and two wedding gowns, the first bridal wear to be available on www.zalando.co.uk. Prices range from £85 for a blouse to £590 for a wedding dress. Read the full press release

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Zalando presents their first fashion concept car in Geneva

published on 5th March 2013

Berlin, 5th March 2013. Zalando is presenting its first fashion concept car at the 83rd International Motor Show in Geneva. It embodies the online shop’s vision for the future of mobile commerce with its range of mobile shopping functions. Christain Meermann, CMO at Zalando, and Johanna Klum from German TV channel Pro7 introduced the car of the future, which will be displayed at the show in Geneva until the 17th March. Read the full press release

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Key financials 2012: Zalando more than doubles net sales to 1.15 billion EUR and reaches break-even in core region

published on 15th February 2013

Berlin, February 15, 2013. Europe’s leading online shop for shoes and fashion successfully concluded the business year 2012 and continues to deliver unprecedented growth. With net sales of 1.15 billion EUR Zalando was able to more than double sales compared to the previous year (2011: 510 million EUR), according to the company’s preliminary figures. At the same time, Zalando reached break-even (EBIT) in its core region Germany, Austria and Switzerland (“DACH”) and continued to invest into new markets as well as assortment, proprietary logistics and IT. Read the full press release

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Zalando wins Kinnevik as long term strategic shareholder

published on 18th October 2012

Berlin, October 18, 2012. Zalando shareholder Investment AB Kinnevik has acquired another 10% of equity of the European online retailer Zalando. With this step, Kinnevik is the largest shareholder of Zalando, holding 26% directly plus another 9% indirectly through Rocket Internet. The basis for this step was the continued positive development of Zalando: in the first six months of 2012, the company reported net-sales of 471 million euros and is on track to double its 2011 revenue of 510 million euros this year. more

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Zalando receives long-term debt financing of 40.7 Million euros

published on 02th October 2012

Berlin, October 2, 2012. Commerzbank, Sparkasse Mittelthüringen and KfW Bankengruppe have agreed to provide Zalando GmbH with a long-term debt financing totalling 40.7 million euros. Europe’s leading online fashion retailer will use this capital to fund parts of the interior fittings of its new logistics centre. The construction site for the 78,000 square meter warehouse in Erfurt opened in December 2011. The extension to the building is expected to be completed in summer 2013. The financing package further contains a revolving credit facility to support the company’s business operations. more

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J.P. Morgan Asset Management and Quadrant Capital Advisors to invest in Zalando

published on 16th August 2012

Berlin, August 16, 2012. Zalando successfully completed talks with J.P. Morgan Asset Management and Quadrant Capital Advisors, Inc. concerning an investment in the company to further support the future growth of Europe’s leading online fashion retailer. more

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Annual accounts 2011: Zalando’s Turnover reaches over 500 Million EUR

published on 20th July 2012

Berlin, 20th July 2012. Zalando ended the 2011 business year on a positive note. With a net turnover of 510 million EUR, Germany’s largest online fashion retailer more than tripled its turnover compared to 2010. Founded in late 2008, Zalando already generated six million EUR by 2009 and its net turnover reached 150 million EUR in 2010 within two years of the company being founded. more

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Zalando wins European E-commerce Award for Best Cross-Border Webshop

published on 25th June 2012

Berlin, 13th June 2012. Zalando was awarded gold at the 2012 European E-commerce Awards in Barcelona. The award ceremony was part of the Global E-commerce Summit, an annual conference that plays host to online traders, businesses and E-commerce experts from all over the world. This year saw Europe’s largest online shoe and fashion shop take first prize as the “Best Cross-Border Webshop” ahead of fellow nominees H&M, ASOS and Amazon. more

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