Zalando Shares Fall 7% After BaFin Opens Review of 2025 Financial Statements

Zalando shares fell about 7% on June 26 after Germany’s financial regulator BaFin opened a formal review of the company’s 2025 financial statements. According to BeInCrypto, the probe is linked to Zalando’s 2025 acquisition of German online fashion retailer ABOUT YOU for about €1.2 billion, with BaFin citing signs the company may have omitted required related-party transaction information in its financial notes. BaFin said the review does not imply wrongdoing and auditors will publish results once complete. Zalando called the issue “purely formal and materially insignificant,” saying it is in close dialogue with BaFin and that takeover details were disclosed during the process completed in July 2025.