Online Fashion Retailer Zalando Plans to IPO This Year

Zalando collection | Source: Zalando

Zalando SE, Europe’s largest online shoe and fashion retailer, plans to sell as much as 11 percent of its shares in an initial public offering this year, marking a coming of age for a Berlin-based startup industry that has yet to produce a big sale or IPO.

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German Online Retailer Zalando Turns Profit Before IPO

Zalando collection | Source: Zalando

Zalando SE, Europe’s largest online shoe and fashion retailer, reported a second-quarter profit of 35 million euros ($46 million), giving investors more evidence the company is controlling costs ahead of a potential initial public offering.

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Hugo Boss Q2 Earnings Up 8 Percent, Meets Expectations

Hugo by Hugo Boss autumn/winter 2014 | Source: Hugo Boss

FRANKFURT, Germany — Hugo Boss AG, the German luxury clothing maker, reported second-quarter earnings that met analysts’ estimates as the company opened more of its own stores to showcase its goods and rely less on outside retailers.

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Nike CEO Expects Football Sales to Keep Soaring

Nike football kit for the Dutch national team | Source: Nike

BERLIN, Germany — U.S. sportswear maker Nike Inc, battling Adidas AG to be the world's biggest soccer brand, expects kit sales to keep growing fast after the World Cup, its chief executive was quoted as saying in a German newspaper.

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