FILE PHOTO - A Zalando label lies on an item of clothing in a showroom of the fashion retailer Zalando in Berlin October 14, 2014. REUTERS/Hannibal Hanschke/File Photo GLOBAL BUSINESS WEEK AHEAD PACKAGE - SEARCH BUSINESS WEEK AHEAD 16 JANUARY FOR ALL IMAGES
BERLIN (Reuters) - Zalando, Europe's biggest pure online fashion retailer, said it would invest heavily in 2017 and create more than 2,000 jobs, as it announced its first move into physical stores with the acquisition of basketball retailer Kickz.
Zalando said on Wednesday it expected to invest 200 million euros ($211 million) in 2017, up from 182 million in 2016, primarily in infrastructure, increased automation and software, with new warehouses planned in France, Sweden and Poland.
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