Home

Tags

Zalando

Zalando news and archive

PVH and Timberland discuss rapid supply chain digitisation at PI Apparel’s Supply Chain Forum

As the pandemic shifted the world’s way of working, people and brands were forced to move more and more online, accelerating the need for a revamped supply chain that pushed digitalisation to new extents. This topic was a prominent subject matter at PI Apparel’s Supply Chain Forum Europe, which was hosted in Amsterdam from April 28 to 29. As...

10 May 2022

BusinessFeatured

Zalando posts drop in Q1 revenue

Revenue at Zalando fell by 1.5 percent year-over-year to 2.2 billion euros in the first quarter, which the company said was mainly due to its transition to a platform model. The German retailer’s gross merchandise volume rose slightly by 1 percent to 3.2 billion euros compared to strong growth in Q1 2021. Zalando reported an adjusted EBIT of...

5 May 2022

People

Zalando taps new SVP of corporate development

German fashion retailer Zalando has named Padmaja Bommareddy as its new senior vice president of corporate development. In her new role, Bommareddy will be responsible for “identifying and executing on opportunities for the company that will help Zalando deliver on the existing platform strategy and beyond”. Padmaja joins from US retail giant...

12 Apr 2022

Fashion

Zalando opens applications for Sustainability Award

Zalando is inviting international fashion brands to apply for the fourth Zalando Sustainability Award, presented during Copenhagen Fashion Week in August. The award, which aims to encourage brands and designers to explore sustainable alternatives, has previously been won by Danish menswear label Iso.Poetism by Tobias Birk Nielsen, Swedish brand...

4 Apr 2022

Business

H&M, Zalando and About You top EU cross-border e-commerce rankings

In its fourth edition of its European e-commerce report, Cross-Border Commerce Europe has highlighted the top 500 players in cross-border performance, with H&M and Zalando sweeping up top spots on the list. According to the organisation, the total online EU cross-border market represented a turnover of 171.2 billion euros in 2021, increasing by...

31 Mar 2022

Business

Zalando outlines sustainability progress in new report

Online retailer Zalando has published its newest Sustainability Progress Report, highlighting the steps it has taken to reach its eco-goals and what more it plans to do. The e-tailer first outlined its missions in 2019, with the goal of becoming a net-positive fashion platform through its Do.More strategy, in which it focused on six goals to...

1 Mar 2022

BusinessFeatured

Zalando's revenue grows 29.7 percent, targets 30 billion euros GMV by 2025

In 2021, Zalando reported GMV growth of 34.1 percent to 14.3 billion euros, driven by continued strong consumer demand for online offerings and increasing partner adoption of platform services. Revenue grew by 29.7 percent to 10.4 billion euros and achieved an adjusted EBIT of 468.4 million euros, corresponding to a margin of 4.5 percent....

1 Mar 2022

Fashion Featured

Iso.Poetism by Tobias Birk Nielsen wins Zalando Sustainability Award

Danish menswear label Iso.Poetism by Tobias Birk Nielsen has won the Zalando Sustainability Award during Copenhagen Fashion Week, standing out from the competition with his innovative dyeing techniques. Birk Nielsen is the third winner of the Zalando Sustainability Award, following in the footsteps of Copenhagen-based streetwear brand Nikolaj...

4 Feb 2022

Business

Kinnevik's Q4 NAV drops by 4.6 percent, reports loss

Kinnevik AB reported net asset value (NAV) of 72.4 billion Swedish krona or 260 Swedish krona per share, down 3.5 billion Swedish krona or 4.6 percent in the quarter and up more than 10 billion Swedish krona or 16.2 percent year-on-year excluding Zalando. For the fourth quarter, the change in fair value of financial assets including dividends...

3 Feb 2022

Fashion

Zalando and Copenhagen Fashion Week shortlist Fassbender, ISO.POETISM BY TOBIAS BIRK NIELSEN and Tomorrow Denim for Sustainability Award

• Fassbender, ISO.POETISM BY TOBIAS BIRK NIELSEN and Tomorrow Denim announced as finalists for this season’s Zalando Sustainability Award at Copenhagen Fashion Week, taking place 01 - 04 February 2022 • The award encourages fashion brands to explore sustainable alternatives for designs and recognizes strategies that contribute to a more...

25 Jan 2022

Business

Zalando to repurchase up to 200 million Euros of shares

Zalando SE (ZLNDY), a German multi national E-commerce company based in Berlin, Germany, said it decided to initiate a share buy-back program. The program covers the repurchase of up to 2.2 million own shares with a total purchase price, excluding incidental transaction charges, of up to 200 million euros. The buy-back program starts on 21...

21 Jan 2022

BusinessFeatured

Zalando creates COO role for David Schröder and names Sandra Dembeck as CFO

As part of the management restructuring, which would come into effect from March 1, 2022, Zalando SE has announced that current CFO David Schröder will assume the newly created role of chief operating officer (COO), while Dr Sandra Dembeck will step into his position as new chief financial officer (CFO). Commenting on the management changes,...

16 Dec 2021