Online fashion retailer Zalando SE on Dec. 16 said it agreed to sell its streetwear unit KICKZ AG to Play Hard GmbH for an undisclosed amount.
Play Hard is a subsidiary of incubator Crealize GmbH.
Germany's Zalando acquired KICKZ in 2017. The deal, expected to close in the first quarter of 2020, will not impact KICKZ's operations or personnel.