Online fashion giant Zalando has set the price range for its upcoming IPO to a maximum of 22.5 euros per share, which implies that its valuation at the high end would be more than 5 billion euros.
Confirmed (finally): Germany-based online fashion powerhouse Zalando is plotting an IPO in the second half of 2014, planning to list up to 11 percent of shares on the Frankfurt Stock Exchange.
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.