Zalando SE news and archive

Zalando: Q3 profitability improves but revenue and GMV drop

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...

Fashion

Sneaker Peek - Meet Zalando’s Sneakers Team

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...

Business

Zalando Q3 revenues up 11.7 percent

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...