Report
Cedric Rossi ...
  • Clement Genelot

Fashion: Only when the tide goes out do you discover... who the winners are

One of Warren Buffet's famous quotes has never been truer for fashion groups that have been dealing with low tides over recent years: Covid-related lockdowns, supply chain disruption, excess inventory, promotional activity and volatile consumer sentiment. Unsurprisingly, Inditex is successfully wea
Underlyings
Zalando SE

Zalando is an e-commerce group based in Germany. Co. is engaged in the online retailing of clothing, shoes and accessories for women, men and children. Co.'s product offering include more than 1,500 brands, including global and local brands, as well as private labels, including shoes, clothing and accessores as well as sportswear and homeware designed especially for the Co. The Co.'s product offering is complimented by the Zalando Lounge and Zalon apps, which provides registered members special offers at discounted prices. Co. also provides a combination of services that include free delivery and returns.

Provider
Bryan Garnier
Bryan Garnier

Since 1996, Bryan, Garnier & Co has been growing with an absolute conviction that the investment banking landscape would experience a major revolution: most of the large local generalist banking groups will disappear to the benefit of a handful of global powerhouses, and an emerging group of independent, highly specialised boutique investment banks.

Analysts
Cedric Rossi

Clement Genelot

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