17 August 2012 09:58

J.P. Morgan Asset Management and Quadrant Capital Advisors pool investment

JP Morgan Mid

Zalando successfully completed talks with J.P. Morgan Asset Management and Quadrant Capital Advisors, Inc. concerning an investment in the company to further support the future growth of Europe's leading online fashion retailer. 

"We're pleased that we were able to secure such internationally established investors as J.P. Morgan Asset Management and Quadrant Capital Advisors. 2012 has been a very successful year for us so far. Together with our shareholders we want to continue along this path," stated Zalando Managing Director Rubin Ritter. "We will continue to invest in growth as well as building a solid company." 

"We are excited to partner with Zalando," said Robert Cousin, Managing Director, J.P. Morgan Asset Management. "The company has quickly established itself as a leading online fashion retailer in Europe. We are impressed with Zalando's large, growing, and loyal customer base as well as the breadth of products offered on the company's eCommerce platform. Zalando's world-class fulfillment resources and dedication to superior customer service should enable the company to expand upon its leading market position." 

"With innovation, operational excellence and a commitment to high customer satisfaction, Zalando has built a strong brand in a remarkably short period of time," said Christopher Evison, Chief Investment Officer, Quadrant Capital Advisors. 

As new Zalando investors, J.P. Morgan Asset Management and Quadrant Capital Advisors will be joining the likes of Rocket Internet, Holtzbrinck Ventures, Tengelmann Ventures, Investment AB Kinnevik and DST Global. The Berlin-based eCommerce company was founded in 2008 and has been growing rapidly ever since. In 2011, Zalando's net turnover reached 510 million euros. So far, the company has created over 1,000 jobs in Berlin and the Brandenburg area. In addition, Zalando is currently building a state of the art logistics centre in Erfurt to strengthen their European infrastructure. The online shop is currently live in twelve European markets, with Poland and Norway following soon.

Post comment

Related debate

  • 1 week
  • 1 month
  • 1 Year
23 Apr
BIOPOR
Til dem der måtte være interesseret så har jeg skrevet lidt om Bioporto GF og min efterfølgende snak..
30
18 Apr
VWS
Der har ikke været skrevet meget om hvad det nye MHI Vestas JV vil i Kina. Det har været nævnt kort ..
15
20 Apr
GEN
Jeg er normalt ikke så let irritabel, men nu må det snart være nok. Igennem den sidste måned har j..
14
22 Apr
GEN
Lad nu være med at træde hinanden over tæerne gang på gang i jagten på, hvem som har mest ret. Det e..
12
23 Apr
TOPO
Asymetrisk information i markedet?!     Antagelsen er, at der er foretaget en relativt dybdegående d..
9
21 Apr
TOPO
Jeg er meget enig. Hvis man ser på det tilsendte materiale, så får vi som Topo-aktionærer +50% ift. ..
9
21 Apr
EI
Jeg syntes, at mange af bemærkningerne ovenfor viser, at janteloven stadig er gældende. "Han skal ik..
9
21 Apr
E:BARC
Normal 0 21 false false false NO-BOK X-NONE X-NONE ..
9
18 Apr
VWS
Den overvejelse vil jeg i bedste fald kalde irrelevant. For det første er længder af kyststrækninger..
9
22 Apr
GEN
Hvis GW kun skulle udtale sig om de aktier, han virkelig ejer ville der blive meget tomt på disse si..
8

Tech Companies Send Criticism Along With NSA-Related Data -- Update

04/02/2014 00:06:00
By Danny Yadron Technology companies including Google Inc. and Microsoft Corp. released new figures on the amount of data requests they received from U.S. ..

U.S. Hot Stocks: Hot Stocks to Watch

03/02/2014 14:07:00
Among the companies with shares expected to actively trade in Monday's session is Herbalife Ltd. (HLF). Herbalife Ltd. (HLF) raised its fourth-quarter outl..

Pfizer Study Meets Primary Endpoints

03/02/2014 13:05:00
Pfizer Inc. (PFE) said Monday that a Phase 2 trial of its advanced breast cancer treatment met its primary endpoint. Pfizer said a study comparing the effec..

Most read news

  • 24 hours
  • 48 hours
  • 1 week
1
Prosperity Voskhod Fund Limited : Annual Financial Report
2
Details of the Upcoming ExpoPlaza Latina Business Conference in Vancouver, BC on April 30, 2014 - Video News Alert posted on InvestmentPitch.com
3
Stora Enso 23 April 2014: Announcement with a reference to Chapter 9, paragraph 10 of the Finnish Securities Markets Act
4
Stora Enso financial information release dates and AGM in 2015
5
International Commercial Television (CSE:ITV) (OTCQB:ICTL) Lists on Canadian Securities Exchange - Video News Alert on Investmentpitch.com
Euroinvestor around the globe: Euroinvestor.dk | Euroinvestor.se | Euroinvestor.no | Euroinvestor.fr | Forexinvestor.com| Wisselkoersen.nl | Valuta.se | Valutaveksel.no | Divisas.es | Valute.it
Copyright Euroinvestor A/S 2014   Disclaimer and Terms of Use
Quote information is delivered by Interactive Data.
Data is delayed 15-20 minutes according to the distribution agreements set by the different exchanges.
 
24 April 2014 13:15:08
(UTC) Dublin, Edinburgh, Lisbon, London
Version: LiveBranchBuild_20140324.1 - EUROWEB1 - 2014-04-24 14:15:08 - 2014-04-24 13:15:08 - 1000 - Website: OKAY