Online fashion retailer About You goes public The online fashion retailer About You, an offshoot of the traditional mail order company Otto, has gone public. Business is doing brilliantly in the pandemic – more Internet retailers will follow. By V. Gojdka.

editor — Tue, 22 Jun 2021 00:07:12 +0000

Online fashion retailer About You starts on the stock exchange

Status: 16.06.2021 3:14 p.m.

The online fashion retailer About You, an offshoot of the traditional mail order company Otto, has gone public. Business is doing brilliantly in the pandemic – more Internet retailers will follow. From Victor Gojdka, ARD stock exchange studio When a fashion retailer goes public, the traders on the trading floor also pay attention to the right thread. Blue suit, polished shoes – tie fits. You can start trading with the fashion retailer About You. Serhad Gündogan from Baader Bank announced the first price: 25.60 euros. A good start for the online fashion retailer who ships almost everything from jackets, pants, jeans to low shoes. It generated more than a billion in sales in the past fiscal year. With a very special target group, says financial expert Volker Brühl from the Center for Financial Studies: “Above all, very young people who are very internet-savvy and naturally use their smartphones to go shopping. And that is what sets About You apart from Zalando. ”

05/27/2021

About You IPO With young fashion on the floor The Otto Group is planning the IPO of its subsidiary About You.

Money for international growth

The IPO brought the company around 650 million euros into the cash register. And the company leaders already have ideas of what they want to do with this money, says stock exchange expert Brühl. “You currently have around one billion euros in sales. That is still comparatively little – and that is why you have to invest heavily in international expansion. In marketing too, of course, which also costs money.” Stock exchange expert Robert Halver from Baader Bank is also on the floor today. Baader Bank took care of the IPO behind the scenes – and Halver himself likes to order online: “I’m an avid clothes buyer on the Internet, so I hate going into stores.” It is true that not everything always fits when you buy clothes online. “But I prefer that to having to stand in a row. That’s the worst thing there is for me.”

March 16, 2021

Growth in corona crisis Boom for Zalando thanks to the online boom The trend towards online shopping continues in the Corona crisis and brings growth and increasing profits to the fashion retailer Zalando.

More and more customers are shopping online

According to Halver, he personally did not suffer from Corona and the closure of the retail trade. And investors are also hoping for this sales boom with Corona. About You shares have now climbed to as much as 26.80 euros. And other online retailers such as Bike24 or the glasses mail order company Mr. Spex also want to go to the floor. A real boom in IPOs, says Halver. “The mood on the stock exchange is good.” And when the mood on the stock exchange is good, companies are inclined – if they were toying with the idea of going public anyway – to take advantage of this good mood. “Who goes public when we have a crash? Nobody does that. But no one knows whether the online boom will continue after the corona easing. The boom in IPOs in Frankfurt: it harbors risks for investors.

FC Schalke 04 back in the Bundesliga thanks to a loan? The past season has hurt FC Schalke 04 – both athletically and financially. In order to at least quickly get better economically, the club lures its fans with a bond. By Victor Gojdka.

editor — Fri, 18 Jun 2021 02:42:10 +0000

FC Schalke 04 Back to the Bundesliga thanks to the loan?

Status: 14.06.2021 5:27 p.m.

The past season has hurt FC Schalke 04 – both athletically and financially. In order to at least quickly get better economically, the club lures its fans with a bond. From Victor Gojdka, ARD stock exchange studio Perhaps the banner on the Internet already says it all: “Glück auf” is what it says if you want to buy the bond from Schalke 04. Schalke promise their investors exactly 5.75 percent interest. In view of the zero interest on the account, that looks lush. But football fan and stock market expert Alexander Langhorst from GSC Research says: Better look twice. “In the end, the money is needed here to repay old debts,” he explains. “You can’t buy players with the money, it’s only used to pay off the old bondholders. And that’s always a sign that you should be careful.” Because if a bond company goes bankrupt, investors’ money may be gone.

April 20, 2021

Bundesliga out Schalke 04 is relegated With a defeat against Bielefeld, Schalke 04 can no longer keep up.

The gang in League 2 hits the office

And the finances of the Royal Blues are anything but royal: they made a loss of 52 million euros in the past financial year. Overall, the Schalke push a mountain of debt of 217 million euros in front of them – and now they are relegated to the second division. A disgrace – in terms of football and finance, says sports economist Daniel Weimar, who did research at the University of Duisburg-Essen: “These are high losses on all channels of revenue generation – sponsorship money, especially in TV marketing. So it is at all levels It is to be expected that the level of the first division cannot be maintained. ” Many football clubs get into a vicious circle after relegation: less income, less money for top players, poorer performance. Not a coincidence that recently too Werder Bremen borrowed money from the fans. This club has also been relegated to the second division. This is very typical of football bonds, says sports economist Weimar: “You can see that in the names when you go through the fan bonds: Hansa Rostock, MSV Duisburg, Arminia Bielefeld – we don’t find Borussia Dortmund here, we don’t find Bayern Munich here . ”

05/17/2021

Soccer bonds Investment only for real fans? Werder Bremen is issuing a bond in which private investors can also invest as of today.

Would you rather have a season ticket than a fan loan?

That alone is an indication, says Weimar: “These are the clubs that no longer have adequate access to the normal capital market.” Means: The banks often no longer give the clubs millions. Or only at extreme interest rates. Schalke is now offering almost six percent interest to private investors who are supposed to invest in the bond. At the bank, experts speculate, the association would have to pay twice as much to get fresh money. So would you rather go to the betting shop or buy the bond? Stock exchange expert Alexander Langhorst from GSC Research has a clear opinion: “Perhaps you should consider whether you should leave both of them. Or you can buy the S04 season ticket. The joy you get from it is the greatest.” The Ruhr Area Association Schalke 04 is historically dependent on coal. But whether investors end up making coal with their bonds or burning them? That, experts say, is pretty unclear.

Gojdka – Spress