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Zalando to return to growth in H2 despite Q2 profit fall

Zalando has forecasted a sales increase between 0% and 3% and an adjusted EBIT of โ‚ฌ180m to โ‚ฌ260m (ยฃ150.7m to ยฃ217.6m) for H2.

Zalando, the online fashion retailer, has revealed it expects to return to growth in H2 despite seeing a 58% drop in its Q2 operating profits to โ‚ฌ77.4m (ยฃ64.7m), down from โ‚ฌ184.1m (ยฃ153.3m) in the same period last year.

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