How Zalando is fighting off Amazon and building the Spotify of fashion

How Zalando is fighting off Amazon and building the Spotify of fashion

Ten years ago, Robert Gentz and David Schneider founded what has become Europe’s biggest fashion e-commerce player. Now, Amazon is targeting their turf, but the duo has bigger plans: an operating system for fashion. While the US and China have birthed technology tech goliaths like Google, Facebook, Apple, Amazon, Alibaba and Tencent, Europe has produced only a handful of major internet success stories. Against the odds, German university friends Robert Gentz and David Schneider teamed up with Berlin-based start-up incubator Rocket Internet to launch Zalando, which, ten years later, has become one of the world’s largest fashion e-tailers with 2017 revenues of €4.5 billion ($5.3 billion), more than double the sales at Yoox Net-a-Porter. Read more…