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Online fashion retailer Zalando welcomes new shareholders

Online fashion retailer Zalando is to welcome new shareholders after Swedish investment company Kinneviktook the decision to distribute all its shares to its investors. The news comes more than ten years after Kinnevik’s first investment into Zalando. With a 21% stake, the firm is the retailer’s biggest investor. Rubin Ritter, Zalando co-chief...

About 4 months ago

Burberry to repay £6m

Burberry has voluntarily agreed to repay around £6m in business support to the Treasury, following the business rates holiday designed to help businesses navigate through the impact of the pandemic.  According to the Sunday Times, the retailer has also repaid a £300m loan from the Bank of England, in a move...

About 4 months ago

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