Zalando
This coverage examines Zalando’s strategies, performance, and presence within the UK and European retail sector. Reporting highlights the company’s digital platform innovations, logistics and fulfilment developments, sustainability initiatives, partnerships with brands and retailers, and key financial and leadership updates. With an emphasis on commercial impact and market trends, the reporting supports retail professionals navigating online fashion, marketplace dynamics, and cross-border retailing.
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Oct- 2024 -14 OctoberNews-In-Brief
Today’s news in brief-14/10/24
Mulberry’s majority shareholder has rejected an increased bid from Frasers Group, which had offered £111m to take control of the luxury fashion brand. Frasers, already owning 37% of Mulberry, raised its offer to 150p per share after a previous £83m bid was turned down. However, Mulberry’s majority shareholder, Challice, expressed…
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14 OctoberClothing & Shoes
Zalando ups FY guidance as Q3 revenues hit £2bn
Zalando has revealed it has upped its full-year guidance after a strong third quarter of the year in which revenues jumped 5% to €2.4bn (£2bn). According to its preliminary figures Zalando said its third quarter gross merchandise value also climbed by 7.8% year-on-year in the quarter to €3.5bn (£2.9bn). It…
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Aug- 2024 -6 AugustNews
Today’s news in brief-6/8/24
UK retail sales saw a slight uptick of 0.5% year-on-year in July, driven by improved performance in food sales and summer clothing purchases amidst favourable weather. However, non-food sales declined by 1.7% over the same period, with in-store sales particularly affected, reflecting ongoing shifts in consumer spending habits. The online…
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6 AugustClothing & Shoes
Zalando sales rise 3.4% in Q2 amid sports division boost
Zalando has welcomed a strong second quarter of trading that was boosted by a rising demand in sportswear, as revenues rose by 3.4% to €2.6bn (£2.2bn) against the prior year.Gross merchandise volume (GMV) rose by 2.8% to €3.8bn (£3.26bn) and adjusted EBIT rose to €171.6m (£147m) in the second quarter,…
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May- 2024 -16 MayNews
Today’s news in brief-16/5/24
Natura and Co is considering separating from Avon after experiencing a significant increase in losses during the first quarter. The group’s net loss rose by 43.3% to BRL934.9m (£143.6m), compared to BRL652m (£100m) the previous year, while sales declined by 5.7% to BRL6.1bn (£937m). Avon International’s sales fell by 13.1%…
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16 MayPeople Moves
Zalando appoints Nina Graf-Vlachy as new GM for Sports
Zalando has appointed Nina Graf-Vlachy as the new general manager for Sports, effective August 2024. The role is newly created to enable an even “stronger and more holistic approach” to the Sports category. In her new role, Graf-Vlachy will be reporting to Martin Rost, senior vice president Customer Propositions at…
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15 MayNews
Today’s news in brief-15/5/24
Tesco CEO Ken Murphy has seen his pay more than double to nearly £10m, fueled by a 159% rise in pre-tax profits to £2.29bn and a 7.4% increase in group sales excluding VAT and fuel. This pay increase, largely due to a performance share plan, raised his compensation from £4.44m…
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15 MayNews
Zalando appoints new co-CEO
Zalando has appointed David Schröder as new co-CEO of the business, as co-founder David Schneider steps down to focus on group-wide strategic partnerships and brand relations. Schröder, who will serve alongside co-founder Robert Gentz, will focus on building the B2B operating system that enables e-commerce across Europe on and off…
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7 MayNews
Today’s news in brief
The latest BRC-KPMG Retail Sales Monitor reveals a 4% year-on-year decrease in total UK retail sales for April. Non-food sales dropped by 2.8% over the three months to April compared to a growth of 1.2% in 2023. Food sales saw a 4.4% increase over the same period, although this is…
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7 MayNews
Zalando revenues hit €2.2bn in Q1
Zalando has seen revenues increase to €2.2bn (£1.8bn) for the first quarter of 2024. Adjusted earnings before interest and tax (adjusted EBIT) rose to €28.3m (£24.2m), in line with market expectations and representing a margin of 1.3%, compared to – €0.7m (£0.6m) in the prior-year period. Gross merchandise volume (GMV)…
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