Zalando opens the week with strong shareholder support, shares extend their rebound

By Julia Schmitt, Sector & Peer Group desk. Reviewed prior to publication on 2026-06-23, 20:27.

Zalando (DE000ZAL1111) starts the new trading week on Xetra with continued interest after a recent block purchase by a major shareholder was reported on June 22. According to Deutsche Börse data, the stock trades again noticeably above 25 euros after its early-June lows.

Major shareholder steps in

The latest impulse for Zalando came from a report that Danish investor Aktieselskabet af 1.2.2017, linked to Anders Holch Povlsen, bought additional shares in the company around June 22. Market services highlighted that Zalando shares jumped markedly on the day of the announcement as investors welcomed the visible long-term commitment.

Trade media noted that the buying interest from the large shareholder coincided with a broader recovery move in the DAX, with other consumer names such as Inditex also stabilizing. In this context, Zalando’s rebound from its early-June trough around the low-20s euro area stands out on the Xetra trading lists.

Analyst view and peer comparison

On the analyst side, RBC Capital Markets reiterated its “Outperform” rating for Zalando in mid-June and set a price target of 28 euros, according to a summary on MarketScreener. The Canadian bank thus remains constructive on the e-commerce group relative to peers such as ASOS and About You.

In parallel, daily market commentary from Deutsche Börse and newswires described Zalando as a beneficiary of a bottoming attempt in European online retail, supported by improved sentiment toward fashion retailer Inditex. For investors, the combination of clear analyst backing and a committed core shareholder provides a notable backdrop as the stock trades within the DAX and Stoxx Europe 600.

How Zalando earns its money

Zalando generates most of its revenue by operating a fashion and lifestyle e-commerce platform that connects brands and consumers across Europe. The company offers clothing, shoes, accessories and beauty products from labels like Nike and Adidas and complements them with its own private-label ranges.

Where the Zalando shares trade today

The Zalando shares (DE000ZAL1111) most recently traded on Xetra at around 25.3 euros on 2026-06-23, 17:50, after closing the previous session slightly above 25 euros, according to intraday data from German trading platforms.

Disclaimer: This article is for informational purposes only and does not constitute investment advice, investment recommendation or an invitation to buy or sell securities. All information is based on sources deemed reliable but cannot be guaranteed. Investors should conduct their own research and, where appropriate, consult a qualified financial advisor.