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Press Releases from Zalando

"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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