Zalando: takes majority stake in Highsnobiety
(CercleFinance.com) - Zalando and Highsnobiety announce that Zalando has acquired a majority stake in Highsnobiety.
Both companies say that they will leverage their complementary strengths, combining Highsnobiety's cultural relevance and insight, fashion authority and content creation expertise with Zalando's fashion offering, e-commerce know-how and operational capabilities.
Highsnobiety will act as a strategic and creative consultant to help Zalando develop its platform.
By joining Zalando, Highsnobiety will be able to leverage Zalando's expertise and resources to strengthen its own e-commerce capabilities.
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