German online fashion retail powerhouse Zalando says its group revenues have increased by almost 30 percent in the first half of this year, hitting more than 1 billion euros for the six-month period.
Online fashion store Zalando saw sales of up to 560 million euros in the second quarter of 2014 on strong mobile growth, and recorded revenues of more than 1 billion euros for the first half of the year.
Europeans are increasingly buying online, and fashion retailers are riding the wave with gusto. Here’s a list of 20 hand-picked, European-born fashion e-commerce startups to keep an eye on.
With more than 500 million euros in revenue in Q1 2014, online fashion giant Zalando is gearing up for an IPO. A presentation from its biggest backer, Kinnevik, tells us more about its current size and scale.
We visited fast-growing online fashion retailer Zalando‘s tech headquarters in Berlin, Germany, to gain some insight into one of Europe’s few multi-billion dollar technology companies and IPO candidates.