A German virtual store specializing in footwear, Zalando, has acquired MyBrands, a German e-tailer that sells branded close-out products up to 70 percent cheaper than their original retail price. Without providing financial details, Zalando says the acquisition will generate synergies throughout the supply chain and improve the flexibility of the whole operation. MyBrands' staff of 45 people will be completely integrated with that of Zalando.