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ZAL1

13 EUR
1
7.14%
Last update Jun 20, 8:01 AM CEST
Market closed
Day range
13
13
Previous close
14
Open
13
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Zalando SE Unsponsored ADR
13.00
1
7.14%

Overview

Description

Zalando SE Unsponsored ADR represents equity interests in Zalando SE, a leading European online fashion and lifestyle platform, without the involvement of the company in issuing these receipts. Serving as an American Depositary Receipt, this financial instrument allows U.S. investors to gain exposure to Zalando SE's shares, which are originally listed on a foreign exchange, with transactions occurring in the US market. Zalando SE is renowned for its extensive array of clothing, footwear, accessories, and beauty products, sourced from over 4,500 global brands, catering to millions of customers across Europe. The company leverages a strong digital presence to provide personalized shopping experiences and innovative services like virtual fitting solutions and efficient logistics networks. In the financial markets, the unsponsored ADR enables enhanced liquidity and facilitates diversification for investors seeking to invest in the European retail sector, while bypassing the complexities of direct foreign stock acquisition. This ADR represents a strategic link to European consumer markets, reflecting its significance in connecting the American investment community to European retail and e-commerce growth.

About

CEO
Mr. Robert Gentz
Employees
15309
Address
Valeska-Gert-Strasse 5
Berlin, 10243
Phone
40 30 20968 15 84
Instrument type
Common stock
Sector
Consumer Cyclical
Industry
Internet Retail
Country
Germany
MIC code
XMUN
Market closed

Exchange is currently closed (non-working day)
Main market opens in 1 day 21 hours 22 minutes

10:37
00:00
23:59

Trading Hours (Monday - Friday):

Main market
08:00 - 20:00
All times are displayed in the Europe/Berlin timezone (CEST, UTC+02:00).