Zalando SE is a publicly traded German online retailer of shoes, fashion and beauty.
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Zalando SE is a publicly traded German online retailer of shoes, fashion and beauty.
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Zalando was founded in 2008 by David Schneider and Robert Gentz and has almost 49 million active users in 25 European markets.
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Zalando is active in a variety of business fields - from multi-brand online shopping, the shopping club Zalando Lounge, outlets in 11 German cities, the consultation service Zalon, as well as logistics and marketing offers for retailers.
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Emulating Chinese companies, Zalando set off into remaking itself into a digital shopping mall, allowing fashion houses and retailers to make sales via the Partner Program as well, often with limited input from Zalando.
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In 2015, Zalando started collaborating with Topshop and began selling merchandise online.
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In March 2017, Zalando acquired Kickz, a German company, for an unknown sum.
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In February 2018, Zalando expanded its collaboration with physical retailers in Germany.
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In June 2018, Zalando expanded its operations to Ireland and the Czech Republic.
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Zalando is expected to speedily widen Anatwine's range of brands.
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Zalando was said to be targeting a bigger stake in the European fashion market.
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Zalando was accumulating losses ever since it was founded until it started making a profit in 2014.
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Zalando managed to become profitable for the first time in 2014 which was due to cost management and sales in their additional markets.
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Instead, Zalando filed a complaint against Lobig for revealing corporate secrets.
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In November 2015 the Centre for Protection against Unfair Competition in Germany filed a suit claiming that Zalando misled consumers on the availability of certain products suggesting that they needed to act fast to buy them.
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Zalando said that they had already changed their marketing practices, taking the centre's concerns into account.
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