Zalando and About You Complete Strategic Merger
7 Articles
7 Articles
German online fashion retailers Zalando and About You have completed their previously announced merger. They promise to jointly cover a larger share of the European fashion market. Zalando announced the completion of the merger of the two companies, which also ship to the Czech Republic, in a press release.
Companies expect to gain a larger share of the European market


The German online retailer Zalando has taken over its competitor About You.
Zalando SE and ABOUT YOU Holding SE announced today the successful completion of their strategic merger. Zalando now acquires 91.45% of the share capital of ABOUT YOU (excluding treasury shares).
These two companies, led by their founders, will build a pan-European e-commerce ecosystem for fashion and lifestyle and cover a larger share of the European fashion and lifestyle e-commerce market.
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