Berlin-based online fashion retailer Zalando SE announced solid financial results for fiscal year 2024 on Thursday, reporting both increased revenue and a substantial rise in profits. n mid-January, the e-commerce company had already pre-announced that it had exceeded its earnings forecast for the final quarter – an outlook that had been raised...
6 Mar 2025
Zalando’s third-quarter gross merchandise volume (GMV) rose 7.8 percent to 3.5 billion euros, revenue increased 5 percent to 2.4 billion euros and adjusted EBIT climbed from 23 million euros to 93 million euros. The company said in a statement that adjusted EBIT margin for the quarter increased by 2.9 percentage points to 3.9 percent. The number...
5 Nov 2024
European fashion and lifestyle e-tailer Zalando has confirmed that its co-founder David Schneider is stepping down as co-chief executive officer to focus on group-wide strategic partnerships and brand relations. Schneider is handing over his role as co-chief executive officer to David Schröder, Zalando’s current chief operating officer, who has...
14 May 2024
Zalando reported adjusted third-quarter EBIT of 23.2 million euros, an increase of 72 percent compared with last year. Zalando’s GMV declined 2.4 percent to 3.2 billion euros and revenue fell 3.2 percent to 2.3 billion euros in the quarter amid a challenging macroeconomic environment of low consumer sentiment and declining online sales. The...
2 Nov 2023
At Zalando, our greatest asset is the people working on creating unforgettable experiences for our customers. Today, we introduce members of our Sneakers Team: Senior Merchandiser, Carlo Cingolani and Senior Buyer, Kwame Manu-Bio. Together with their team, they are responsible for the attractiveness and profitability of the Men’s and Unisex...
2 May 2019
German marketplace selling fashion, footwear and accessories Zalando said on Tuesday its Q3 revenue for 2018 rose. The company expects to grow revenues in the fourth quarter of 2018 by 20-25 percent after a financially challenging third quarter with 11.7 percent revenue growth and an adjusted EBIT of -38.9 million euros, corresponding to a...
6 Nov 2018