Luxury Goods

Zalando EBIT up 72% despite falling Q3 revenues

The group attributed the fall in sales to the impact of the warmest September on record in Europe, which had put customers off buying autumn clothing

Zalando has reported that its EBIT increased 72% to €23.2m (£20.2m) during Q3, despite revenues and gross merchandise volumes falling by 3.2% and 2.4% respectively. 

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