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Economy

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 €180m to €260m (£150.7m to £217.6m) 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 €77.4m (£64.7m), down from €184.1m (£153.3m) in the same period last year.

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