Zalando Buys Highsnobiety

Zalando, the German fashion e-tailer with more than €10 billion in annual revenue, has acquired a majority stake in Highsnobiety, the sneaker blog-turned-luxury fashion and lifestyle publisher that began exploring a sale last year. The financial terms of the deal were not disclosed.

Highsnobiety founder and CEO David Fischer will retain a minority stake in the company and continue to run the business as a separate entity with co-managing…