Tag: #Zalando #AboutYou #Ecommerce #FashionRetail #BusinessStrategy

Zalando to Buy German E-Commerce Player About You for $1.3 Billion

In a significant move to solidify its dominance in Europe’s e-commerce landscape, Zalando SE, the German online fashion giant, has announced plans to acquire rival About You Holding SE for approximately €1.2 billion ($1.3 billion). The acquisition, to be executed at €6.50 per share—a notable 67 percent premium over the previous day’s closing price—underscores Zalando’s […]

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