Rocket Internet AG, which has copied business models from Airbnb Inc. to Birchbox Inc., plans to raise 750 million euros ($970 million) in one of Europe’s most anticipated technology initial public offerings this year.
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.
Permira Advisers LLP is selling a stake valued at 846 million euros ($1.1 billion) in German fashion house Hugo Boss AG to institutional investors.
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.
Philipp Erler aims to convince the world that fashion retailer Zalando SE — a Samwer creation headed for an initial public offering as soon as next month — isn’t dismissed as just another copycat.
Zalando SE, Europe’s largest online shoe and fashion retailer, may announce its initial public offering as early as this week, according to sources.
Adidas AG, the world’s No. 2 sports gear maker, cut its profitability forecast for 2014 by 2 percentage points after first-half revenue in North America dropped 14 percent on slumping demand for golf equipment.
Permira Advisers LLP is in talks with advisers about a potential sale of its remaining stake in German fashion house Hugo Boss AG seven years after taking control, according to three people with knowledge of the matter.
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.
FRANKFURT, Germany — Puma SE, Europe’s second-largest sporting-goods maker, reported a milder-than-anticipated drop in operating profit as the company debuted new products including a pink-and-blue football cleat to stoke sales.
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.