Stylebop, founded in 2004, is one of the Top-5 e-commerce shops for luxury fashion in Europe, serving both men and women. The company records more than 18 mn site visits annually and has a comprehensive product portfolio consisting of about 130 high-end luxury fashion brands. The company expanded quickly during the early 2000s resulting in a broad customer base in Germany as well as in several international markets. In 2019 the company faced liquidity difficulties which forced Stylebop to apply for insolvency proceedings. Stylebop had 30 employees and generated an annual turnover of 35 mn € in 2018.
Peek & Cloppenburg KG, headquartered in Düsseldorf, is a leading multi-channel fashion retailer with 140 stores in total whereof 65 stores are located in Germany and serves its customers with apparel of different brands in the mid to upper price segment. With its subsidiary Fashion ID, the company also offers an own e-commerce shop. The transaction should strengthen the company’s online presence and further broaden its product portfolio into high-end fashion.