Dr. Filip Floegel’s Post

No offense, but could anyone clear my blind spot for this M&A deal? The company reported a net loss of €80 million, resulting in a profit margin of -4.09%. The total debt-to-equity ratio is relatively high at 67.46%, which may raise concerns of financial stability. The stock price was at €12 a year ago and now is at €6.47, the perception of growth is tempered by the fact that it has lost half its value. Zalando might see potential synergies in combining resources, technology, and logistics, and... maybe enhance portfolio, enhance Zalando's offerings, to appeal to various consumer segments.

Zalando and ABOUT YOU are teaming up 🤝 We announced great news today: Zalando and ABOUT YOU are teaming up, with Zalando making a voluntary public tender offer to acquire up to 100% of ABOUT YOU 's share capital. This partnership will enable us to better serve our customers and partners with combined B2C and B2B offerings and lead the way in European fashion and lifestyle e-commerce. This combination brings together two founder-led companies with complementary capabilities, unlocking new value-creating opportunities. The combined group will drive a dual brand strategy in B2C with two distinct shopping experiences, and create a unified platform in B2B, leveraging the combined logistics infrastructure, software and service offerings across Europe. Together with ABOUT YOU, we are also committed to be an enabler of positive change for a more sustainable and inclusive future for the fashion and lifestyle industry. Read more about the strategic partnership here: https://zln.do/4fb4XzK #ZalandoAndABOUTYOU #Ecommerce #Fashion #Lifestyle

We're thrilled to announce that Zalando and ABOUT YOU are teaming up! ABOUT YOU's SCAYLE Commerce Engine will perfectly complement ZEOS in enabling brands and retailers to manage their multi-channel business across Europe, with SCAYLE offering brands a bespoke solution to serve their own e-commerce platforms. Together, we’re looking forward to unlocking new value for your multi-channel business across Europe, whether transactions take place on Zalando, ABOUT YOU, or any other platform, including your DTC.

Does it mean reduction of competition?

Textbook synergies, exciting times. In the B2C growth vector, adding ABOUT YOU will enable Zalando to implement a dual-brand strategy to meet the unique needs and preferences of customers. In B2B, ABOUT YOU's SCAYLE Commerce Engine will complement ZEOS logistics in enabling brands and retailers to manage their multi-channel business across Europe from a unified platform.

What a news! My former company, Zalando, has announced its intention to acquire ABOUT YOU, marking the culmination of years of competition between these two industry players. It’s incredible to see this journey come full circle. I still remember when ABOUT YOU launched as the "new kid on the block," challenging us with fresh ideas and bold moves. This acquisition underscores just how competitive and challenging the e-commerce landscape has become, where scale and strategy often dictate who thrives. Congratulations to the Zalando team on this significant milestone. This is truly a story of resilience, evolution, and staying ahead in an ever-tougher game. PS: On a less formal note, the price set to a fraction of ABOUT YOU's initial IPO offer—it’s a brutal showcase of just how unforgiving the e-commerce and market dynamics are these days. #Ecommerce #Innovation #Acquisition #Zalando #AboutYou

The Digital-First Approach! Lessons from a “ tech company that does fashion” I recall being in Munich when Zalando launched its first ad and product category—shoes—in 2011. Fast forward to 2014, and I witnessed the genesis of About You in Hamburg. Here we are in 2024: these juggernauts share one thing in common: digital technology is the core of their infrastructure across all business units. " A Tech business that does fashion " As we end the year and finalize budgets for 2025, let’s keep these key points in mind with Zalando ABOUT YOU partnership as an example 1. Focus on Synergies: Identify and leverage synergies in logistics, payments, and commercial partnerships. Combining strengths can lead to greater efficiency and innovation. 2. Dual-Brand Strategy: Consider maintaining distinct brand identities while offering unique experiences. This approach allows you to cater to different customer segments effectively. 3. Invest in Technology: Invest in advanced technology to streamline operations and improve customer experiences. Ensure that your digital technology decisions impact every of your business, from order entry, purchasing, product development, retail, trade, to supply. 4. Value Creation: Plan for substantial value-creation opportunities. Identify and capitalize on these opportunities to drive long-term growth. 5. Cultural Fit: Ensure alignment in values and vision with your partners. A strong cultural fit and complementary capabilities are crucial for successful collaboration. Digital-First Mindset: 1. It starts with the customer and the ecosystem your business has. 2. Are you clear on how every digital tech decision impacts your business, from order entry to supply chain? 3. When planning a digital transformation, ensure your tech implementations are timely. 4. Plan for the tech and simplicity of the future now. 5. Implement, iterate, and improve continuously. #digital #innovation #tech #customer #transformation #zalando #aboutyou #ecommerce #b2b #b2c

We announced great news today! Zalando and ABOUT YOU are teaming up, with Zalando making a voluntary public tender offer to acquire up to 100% of ABOUT YOU 's share capital. This partnership will enable us to better serve our customers and partners with combined B2C and B2B offerings and lead the way in European fashion and lifestyle e-commerce.

Exciting times for European eCommerce! Zalando's founders, Robert Gentz and David Schneider, unveil a bold new strategy to transform the platform into a pan-European ecosystem for fashion and lifestyle. With a focus on B2C and B2B growth vectors, they aim to capture a larger share of the €450 billion European fashion market. Key initiatives include expanding into Sports and Kids & Family, personalized content, and enhancing logistics services. This pivot positions Zalando as a major player in Europe's tech platform landscape, with potential to outpace rivals in the upcoming years. 🚀 #Zalando #eCommerce #Marketplace #EuropeanTech #Ecosystem #Strategy #Fashion #Lifestyle #B2C #B2B #ZEOS #staytunedformore 💡

Yesterday, Zalando announced its intention to acquire ABOUT YOU, a move that marks a significant shift in the European fashion and lifestyle e-commerce landscape. This voluntary public tender offer to acquire up to 100% of ABOUT YOU’s share capital is poised to create compelling value for customers, partners, and shareholders alike. By bringing together two founder-led teams with complementary strengths, this combination will enhance both B2C and B2B offerings, allowing the two companies to serve a larger share of the European fashion market. Zalando’s dual-brand strategy will ensure that Zalando and ABOUT YOU maintain their distinct identities while leveraging synergies in logistics, payment systems, and commercial collaboration. The deal unlocks exciting opportunities to deliver synergies, with Zalando targeting up to €100 million in EBIT synergies annually and positioning the combined group for substantial growth in GMV and revenue until 2028. Exciting times ahead as Zalando and ABOUT YOU join forces to redefine the future of fashion European e-commerce! What do you think about the potential of European e-commerce giants like Zalando and ABOUT YOU teaming up to compete with global players like SHEIN and Amazon? Could this merger redefine Europe’s role in the global fashion market? 👉 Follow our page to stay updated with latest news on Cross Border Commerce in Europe. 👉 Deep dive on our focus on Zalando's cross-border strategy on our TOP 100 Marketplaces Report 2024: https://lnkd.in/esWNb-aU #CrossBorderCommerce #Ecommerce #FashionTech #StrategicAcquisition #Zalando #ABOUTYOU #B2B #Sustainability #Growth