Germany’s monetary regulator has launched a proper audit of e-commerce group Zalando’s 2025 consolidated accounts after figuring out concrete indications of potential omissions.
The Federal Monetary Supervisory Authority, BaFin, began the examination on 19 June underneath the German Securities Buying and selling Act and is utilizing its personal auditors for the assessment.
The matter pertains to Zalando’s acquisition of About You.
BaFin is inspecting whether or not data linked to a transaction involving a associated entity was wrongly disregarded of the notes to the group’s consolidated monetary statements for the 12 months ended 31 December 2025.
In accordance with the regulator, it’s legally required to open a assessment when it has concrete indications of accounting irregularities and should additionally make such critiques public, whatever the findings.
BaFin mentioned it needed to clarify that neither the beginning of the audit nor the disclosure of it needs to be seen as affirmation of any error, or as an indication that accounting inaccuracies are prone to be discovered.
The authority mentioned the announcement was a part of its ongoing dedication to transparency in monetary oversight.
BaFin mentioned it might publish the end result as soon as the investigation is full.
In its assertion, Zalando mentioned: “Zalando considers this a purely formal and materially immaterial side of the notes to the monetary statements, as all related data in regards to the acquisition of the About You shares – together with the businesses concerned, the transaction construction and the acquisition worth – was already totally publicly obtainable as a part of the general public takeover supply.”
The audit follows Zalando’s reporting of fiscal 2025 outcomes on the high finish of its steering vary.
The group recorded gross merchandise quantity of €17.6bn ($20.07bn), up 14.7% from €15.31bn a 12 months earlier, whereas income elevated by 16.8% to €12.3bn from €10.57bn.
Zalando mentioned the completion of the About You acquisition and developments in its client and wholesale divisions contributed to the efficiency.
“Zalando underneath regulatory scrutiny over About You acquisition disclosure” was initially created and revealed by Retail Perception Community, a GlobalData owned model.