Zalando acquires ABOUT YOU, combining 62M customers to dominate Europe's $480B fashion market. B2B solutions SCAYLE and ZEOS create a powerhouse for brands and retailers. Co-founder Gentz calls it a leap for multi-channel business.
Zalando announced its plan to acquire up to 100% of ABOUT YOU’s shares, forming a powerhouse in Europe’s $480B fashion industry. With 50M Zalando customers and 12M from ABOUT YOU, the partnership aims to cover a larger slice of the market. Both brands will retain their identities while benefiting from shared logistics and payment platforms. This strategic collaboration enhances customer experiences, meeting diverse shopping needs across Europe.
The deal’s real potential lies in their combined B2B operations. Zalando’s ZEOS system streamlines logistics and multi-channel sales, while ABOUT YOU’s SCAYLE solution supports brands’ independent e-commerce ventures. Together, they will serve iconic clients like Harrods, FC Bayern, and Manchester United. Their partnership offers unmatched integration for brands selling on marketplaces and their own platforms.
Zalando co-founder Robert Gentz highlights the deal’s impact on Europe’s retail landscape. The integration of Tradebyte and SCAYLE software will empower brands to manage sales across marketplaces, apps, and webshops seamlessly. Gentz calls the collaboration a leap forward in creating advanced e-commerce solutions, benefiting brands of all sizes and offering tailored solutions for diverse retail needs.
With this merger, Zalando and ABOUT YOU position themselves to dominate Europe’s fashion e-commerce. Their complementary B2C and B2B strengths will revolutionize customer experiences and business operations. Experts predict their advanced e-commerce tools will set new industry standards, enabling brands to thrive in a rapidly evolving market.
Will Zalando and ABOUT YOU reshape European fashion?
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