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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May- 2024 -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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Mar- 2024 -1 MarchFeatures
Five ways to enhance in-store experience
Customers’ in-store experiences are thought to act as triggers for their purchasing decisions. Therefore, developing a genuinely distinctive retail customer experience could be the difference between getting new customers and slipping into the background in a highly competitive industry like retail. Consumers today seek for remarkable experiences rather than just…
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Jan- 2024 -5 JanuaryNews
Today’s news in brief-5/1/24
Asda and Usdaw have signed a collective bargaining agreement, enabling the union to represent hourly-paid employees in convenience stores and Leon restaurants acquired from EG Group. Usdaw will negotiate on pay, hours, and holidays annually for employees across 356 convenience stores and 77 Leon restaurant sites. Asda’s Chief People and…
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5 JanuaryClothing & Shoes
Zalando direct-to-consumer VP steps down
Carsten Keller, Zalando’s direct-to-consumer vice-president and CEO and founder of the group’s Connected Retail division, has decided to leave the company after eight years. Keller joined Zalando in 2016 to to build the brand’s marketplace ecosystem. In 2018, Keller founded Connected Retail for brick-and-mortar stores. With the launch of Connected…
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Dec- 2023 -19 DecemberNews
Zalando launches invite-only shopping experience for hyped items
Zalando is introducing an exclusive shopping experience for hyped products – items with limited quantities, such as special editions, but high demand, that usually sell out within minutes. All customers can now request an invitation in the Zalando app to buy a hyped article, taking away the time pressure and…
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Nov- 2023 -2 NovemberNews
Today’s news in brief-2/11/23
Sainsbury’s announced that it expects to hit the upper half of its full year guidance of between £670m and £700m despite seeing its statutory profit before tax drop 27% to £275m for the 28 weeks ended September 16, 2023. The supermarket attributed the fall in profit before tax to non-cash…
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2 NovemberLuxury Goods
Zalando EBIT up 72% despite falling Q3 revenues
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. The online fashion retailer managed to improve its EBIT during the quarter through reduced logistics costs, but revenues did not materialise amid low consumer sentiment…
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Sep- 2023 -29 SeptemberNews
Zalando appoints new VP of creative direction
Zalando has appointed Morten Grubak in the newly created role of vice president of creative direction Reporting to Anne Pascual, senior vice president of product design at Zalando, Grubak will start the role on 1 October. He will be responsible for setting the overarching creative direction for the Zalando brand,…
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11 SeptemberClothing & Shoes
Zalando appoints new VP of sustainability and D&I
Zalando has appointed textile and apparel industry expert Pascal Brun as its new vice president of sustainability and diversity and inclusion (D&I), reporting into Padmaja Bommareddy, SVP Corporate Development. Brun joins Zalando from H&M where his experience spanned across different continents and a variety of execution and strategic management roles…
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Aug- 2023 -3 AugustClothing & Shoes
Zalando sees adjusted EBIT rise to €144.8m in Q2
European e-commerce retailer Zalando has reported an 87% surge in adjusted EBIT to €144.8m (£124.6m) during the second quarter of the year. The group said that its profitability was boosted by better order economics amid bigger average basket sizes resulting in lower fulfilment costs. In combination, this also led to…
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