Major internet investor
Rubin Ritter, Zalando’s managing director, was quoted as being “very
pleased to have won DST as a new shareholder. With investments in
Facebook, Zynga, Groupon, Twitter, 360buy and Alibaba, DST is one of the
world’s leading investment firms in the internet sector.” He told
FashionUnited he was “looking forward to accelerating Zalando’s growth
in Europe even further.”
Their new Russian shareholders DST on the other hand praised Zalando’s
“professional management team, impressive growth record and great
potential to capitalize on the fast growing European e-commerce market.”
Alexander Tamas hopes they can be “long-term partners of Zalando on its
path to becoming a European Internet leader”.
No-fur agreement
Meanwhile, the German retailer has signed an agreement to stop selling
fur, after a Dutch organisation had asked them to stop selling the last
articles containing fur. In signing the agreement, Zalando joins a long
list of companies including Mexx, H&M and Tommy Hilfiger.
Since its foundation in 2008, Zalando has extended its scope both in
geography and supply. The group is now active in 6 European countries
and has a monthly production of almost one million pairs of shoes,
resulting in a turnover of 100 million euro
