![]() A group of shareholders, who together hold almost two-thirds of the capital, have already expressed their support. New reachĪ committee – set up by Rebelle – has reviewed the offer and is now unanimously recommending that shareholders say yes. At the same time, the company spent 84 % more on marketing and 24 % more on personnel than last year, according to the preliminary results that Rebelle announced following the takeover bid. The platform attributes this decline to difficult market conditions. Rebelle achieved 5.3 million euros in sales in the second quarter, 14 % less than a year earlier. ![]() In addition, sales are currently in sharp decline, while costs are rising considerably. ![]() While in February the value was still estimated at around sixty million euros, Vinted now offers just thirty million euros for the company. Since the IPO, the valuation has more than halved, according to FashionUnited. However, the last few months have not been easy for the German second-hand seller.Įxactly one day before Russia invaded Ukraine, Rebelle went public in Sweden. Second-hand marketplace Vinted has launched a takeover bid for Rebelle, a platform that was founded in 2013 in Hamburg, and that focuses on the luxury segment. All shareholders are advised (or have already agreed) to accept the offer. Lithuanian second-hand platform Vinted is making an offer to acquire Rebelle, a German competitor that focuses on the luxury segment. ![]()
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