Zalando news and archive

Paolina Russo wins the first Zalando Visionary Award

London-based fashion label Paolina Russo, founded in 2021 by Paolina Russo and Lucile Guilmard, has been named the winner of the first Zalando Visionary Award in partnership with Copenhagen Fashion Week. The award, which was announced in April, was created to recognise “the makers of the future” and to enable designers to showcase their...

Retail |REPORT Featured

Shoptalk 2023: AI, more important than ever for the future of retail

During the latest edition of Shoptalk Europe, many topics about the future of retail were discussed, but if there is one thing that all the experts attending the congress agreed on, it is the role of AI (artificial intelligence). With a challenging macroeconomic environment, heightened expectations and intensified competition, investment in...

Business

Zalando's revenues up, nears break even in Q1

Zalando delivered gross merchandise volume (GMV) growth of 2.8 percent to 3.2 billion euros and revenue increase of 2.3 percent to 2.3 billion euros in the first quarter compared with a year ago. The company broke even at an adjusted earnings before interest and tax (adjusted EBIT) level compared with negative 52 million euros in the first...

Fashion |In Pictures

Zalando to launch a size-inclusive designer footwear collection

German-based e-tailer Zalando is launching an inclusive footwear collection in collaboration with seven designers to cater for all shoe lovers on May 8. In a statement, Zalando said it has worked with designers Filling Pieces, Rejina Pyo, Holzweiler, MISBHV, Elleme, GCDS and Ekchaus Latta to create a 14-piece size-inclusive footwear range that...

Fashion

Zalando pilots virtual fitting room in 25 markets

European fashion e-tailer Zalando is rolling out its virtual fitting room pilot to customers in its 25 markets, including the UK, Ireland, France, Netherlands, and Germany. The virtual fitting room experience is part of Zalando’s efforts to double down on size and fit and will allow customers to create a 3D avatar by entering their height,...

Fashion

Zalando to launch virtual fashion assistant powered by ChatGPT

German-based European fashion e-tailer Zalando is looking to enhance the online fashion shopping experience with the launch of a virtual fashion assistant utilising OpenAI technology. In a statement, Zalando said it would launch the first beta version of its virtual fashion assistant powered by ChatGPT across its website and apps this spring to...

Fashion Featured

Zalando evolves sustainability award to celebrate visionaries

European fashion and lifestyle platform Zalando is evolving its sustainability award in partnership with Copenhagen Fashion Week for spring/summer 2024 with the creation of the visionary award recognising “the makers of the future”. Following three years of the Zalando sustainability award, the online retailer said that it wants to spotlight...

People

Zalando nominates Kelly Bennett as supervisory board chairperson

Zalando SE (ZLNDY) said that it has nominated its deputy Chairperson Kelly Bennett as its Supervisory Board Chairperson. He would succeed Cristina Stenbeck, who has decided not to stand for re-election. Bennett has been a member of Zalando's Supervisory Board since 2019 and serves as an advisor to the leadership teams of Microsoft, Strava,...

Fashion |In Pictures

Zalando unveils exclusive capsule collection with Paco Rabanne

Paris-based fashion house Paco Rabanne is launching an exclusive capsule collection inspired by its “strong DNA” in collaboration with e-tailer Zalando on April 12. The 40-piece ‘The Capsule by Paco Rabanne’ will offer the brand’s signature chained bags, disc-inspired skirts, tops and dresses in bold colour shades for spring/summer 2023. The...

BusinessFeatured

Zalando to reduce global brand portfolio

The Berlin-based retailer Zalando is planning to reduce its global assortment, it confirmed to FashionUnited, following various media reports. To increase the relevance of its assortment, the online retailer is currently reviewing its brand portfolio. In the past two years, the product selection on the Zalando Fashion Store increased rapidly:...

BusinessFeatured

Zalando's sales and earnings drop in 2022

European fashion platform Zalando said GMV grew 3 percent to 14.8 billion euros in 2022 with revenue at 10.3 billion euros compared with 10.354 billion euros in the year ago. The company's adjusted EBIT was 184.6 million euros against last year’s 468.4 million euros. Highlights of Zalando’s FY22 performance The company reported growth in number...

Business

Zalando to cut 'hundreds of jobs'

German online fashion retailer Zalando said Tuesday it plans to cut hundreds of jobs to help it confront a "more challenging" economic environment after years of rapid growth. "We have decided to start a program that will remove several hundred overhead roles across many of our teams," co-chief executives David Schneider and Robert Gentz said in...