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Zalando goes public
09.09.2014 2346

Zalando goes public

Zalando, the European online shoe and fashion retailer, intends to place its shares on the Frankfurt Stock Exchange by the end of the 2014 year.

According to the Swedish investment holding Kinnevik, which owns 36% of the retailer's shares, 10-11% of the company's shares will be placed on the exchange, as a result of which Zalando intends to earn four to five billion euros.

According to Lorenzo Grabau, CEO of Kinnevik, "the investment holding positively evaluates Zalando's plans and sees growth ambitions after listing on the stock exchange."

European online footwear and fashion retailer Zalando intends to go public on the Frankfurt Stock Exchange by the end of 2014 ...
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