COBALT advised Fashion Days Holding AG upon entering into the Baltic market

COBALT Estonia advised Fashion Days Holding AG upon entering into the Estonian market by establishing a subsidiary in Estonia.

Fashion Days, originally from Switzerland, is the leading online retailer of clothing, cosmetics and other accessories in Central and Eastern Europe, active in 10 countries with a client base of over 3.5 million.

Fashion Days belongs through Allegro group to a global multimedia company Naspers. Naspers is a leading multinational media group listed on the Johannesburg Stock Exchange (JSE) and it also has an ADR listing on the London Stock Exchange (LSE).

The incorporation of Fashion Days subsidiaries in Estonia was led by partner Martin Simovart and associate Karl Kull.