White & Case Advises Zalando on Acquisition of Majority Stake in Highsnobiety
1 min read
Global law firm White & Case LLP has advised Zalando on the acquisition of a majority stake in Highsnobiety, one of the world's most influential street style and new luxury culture media brands.
With this transaction, Zalando strengthens the development of new spaces and formats on its platform to create better shopping experiences and an engaging online environment for customers and brands. Following the completion of the transaction, Highsnobiety will retain its editorial independence and will continue to operate its publishing house and agency independently.
Zalando is a leading listed online platform for fashion and lifestyle in Europe. Founded in Berlin in 2008, it offers clothing, shoes, accessories and beauty products to nearly 49 million active customers in 25 countries. Its range includes world famous international brands and local labels.
Highsnobiety was founded in Berlin in 2005 as a blog and is now a media and cultural consultancy at the intersection of lifestyle, art, design and technology, offering a platform for brands and people. It includes a publishing house, creative consultancy and curated online shop. The company operates offices in New York, Los Angeles, London, Amsterdam, Sydney and Milan, in addition to its headquarters in Berlin.
The White & Case team which advised on the transaction was co-led by partners Carola Glasauer and Tobias Heinrich (both Frankfurt), and included partners Alexander Kiefner, Tim Bracksiek (both Frankfurt), Henrik Patel (New York) and Farhad Jalinous (Washington, DC), local partners Moritz Müller-Buttmann (Hamburg), Sebastian Stütze, Anna Dold (both Frankfurt) and Mathis Rust (Düsseldorf), and associates Benedikt Happ, Thorsten Rohde, Alisa Preissler, Justus Redeker, Mathias Bogusch (all Frankfurt), Moritz Schneider and Tobias Zündorf (both Hamburg).
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