All Zalando articles

  • Zalando
    Article

    Zalando Q3 sales volumes up by 29.9%

    2020-11-04T17:40:00Z

    In the third quarter, Zalando ’s gross merchandise volume (GMV) grew by 29.9 percent to €2.5 billion while revenues advanced by 21.6 percent to €1.8 billion. The German e-tailer continued to benefit from accelerated consumer shift towards digital purchases and the “strong performance “of its Partner Program and Lounge services. ...

  • Zalando
    News briefs

    Zalando raises full-year guidance on strong Q3 performance

    2020-10-10T06:29:00Z

    Zalando has raised its outlook for the full year after “exceptionally strong and profitable growth” in the third quarter. The German online retailer now expects gross merchandise volume (GMV) to grow by 25-27 percent, revenues to increase by 20-22 percent and adjusted Ebit to reach €375-425 million in ...

  • Zalando
    News briefs

    Zalando launches Brand Homes for more customer engagement

    2020-10-07T16:49:00Z

    Zalando has launched a new offer, called Brand Homes , that allows brands to supply high-quality and directly curated content to lead customers to engage with them on its website longer and more frequently, or to discover them for the first time. The service is also meant to enrich ...

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    Sabu hires Zalando procurement manager

    2020-09-28T05:55:00Z

    Sabu , the German shoe retailers’cooperative, has hired Johanna Ferner to fill the newly created position of head of purchasing fashion and accessories. The 44-year old will join the company on Oct. 1 . Ferner comes from the German e-tailer Zalando , where she was senior buyer in ...

  • Zalando
    Article

    Zalando launches pre-owned trade on its platform

    2020-09-22T07:26:00Z

    Zalando has started trading pre-owned, or second-hand, fashion items on its platform. The online retailer launched the service in Germany and Spain on Sept. 21, and will roll it out in Belgium, France, the Netherlands and Poland in October. If successful in those markets, Zalando could expand the ...

  • Zalando
    Article

    Zalando benefits from the lockdown as Q2 sales, profits surge

    2020-08-11T17:20:00Z

    Zalando ‘s net profit rose to €122.6 million in the second quarter from €45.5 million a year earlier as its client base expanded. The German online fashion retailer now serves 34.1 million active customers across Europe, up by 20.4 percent year-on-year. Gross merchandise volume (GMV) increased by 33.0 ...

  • Article

    Zalando significantly improves its full-year guidance after Covid-19 outbreak

    2020-07-16T18:42:00Z

    Zalando expects full-year gross merchandise volume (GMV) to rise by 20-25 percent and revenues by 15-20 percent, with adjusted Ebit reaching €250-300 million, as the German online fashion retailer benefited from the impact of the Covid-19 pandemic. The previous guidance, published on May 6 in an attempt to estimate ...

  • News briefs

    Boohoo to review UK supply chain as retailers drop brand over pay, conditions scandal

    2020-07-08T20:15:00Z

    Boohoo , the UK e-tailer and fast fashion brand, has commissioned an independent review of its domestic supply chain and promised to spend £10 million dealing with malpractice after major retailers, including Amazon , Next and Asos stopped stocking its clothes. The review comes as Boohoo ...

  • shopping center
    Article

    Covid-19 spurs rent renegotiations, partnerships

    2020-07-03T09:07:00Z

    Retailers from Europe to the U.S. have sought rent relief as they reel from Covid-19 shutdowns and reopen stores faced with higher costs to meet health and safety requirements and uncertain sales prospects. Although some landlords have taken a hard line, many are trying to help keep retail tenants afloat ...

  • News briefs

    Zalando sees significantly hike in Q2 sales, Ebit

    2020-06-18T17:09:00Z

    Zalando anticipates a significant increase in sales and Ebit in the second quarter, driven by changing consumer behavior, in particular a strong increase in the preference for digital offerings, as well as the development of its platform, which includes the accelerated expansion of its partner program. It adds ...

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    Zalando extends Connected Retail aid package to Poland, Sweden, Spain

    2020-06-17T08:36:00Z

    From July, Zalando will be extending its offer to waive commissions on its Connected Retail program to Poland, Sweden and Spain. The initiative, which was originally aimed at supporting brick-and-mortar stores during the coronavirus crisis, was introduced in Germany and the Netherlands on April 1. The offer will ...

  • Article

    Zalando will be subjecting its partners to sustainability standards

    2020-06-01T15:43:00Z

    Zalando is implementing standards for to measurement the social and environmental sustainability of its operations and, in time, those of its business partners. Specifically, the German e-tailer is adopting the Higg Brand Retail Module (BRM) , developed by the Sustainable Apparel Coalition (SAC) and its subsidiary ...

  • News briefs

    Zalando to appoint Rent the Runway CEO to its supervisory board

    2020-05-25T06:14:00Z

    The nomination committee of the supervisory board of Zalando has proposed to elect Jennifer Hyman to the board replacing Alexander Samwer , who has been a director since 2013. Hyman is the chief executive and co-founder of the company Rent the Runway , a New York-based online service that ...

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    Zalando opens new outlet stores, plans five extra outlets by 2022

    2020-05-14T17:37:00Z

    Zalando has opened a 1,400-square-meter outlet store in Mannheim, bringing the total to nine in Germany. The opening was planned for April but was postponed after the recent lockdown in the country and the subsequent gradual reopening that was initially limited to stores of up to 800 square meters. ...

  • Article

    ​Zalando sees 2020 revenues up by 10-20%

    2020-05-08T17:18:00Z

    Zalando  issued a new full-year guidance which takes into account the impact of the Covid-19 pandemic and sees gross merchandise volume (GMV) and revenues up by 10-20 percent. It noted that its forecast growth is significantly above the expected increase for the overall fashion industry.

  • Article

    Zalando issues a profit warning, offers to help stores

    2020-04-08T20:26:00Z

    Zalando has warned that its first-quarter results will not meet market expectations because of the impact of Covid-19. Meanwhile, the company is offering to waive commissions for participation in its Connected Retail program to German and Dutch retailers until May 31. The company will also postpone its annual general ...

  • News briefs

    Zalando creates three SVP posts

    2020-03-26T09:35:00Z

    Strengthening the management level below the executive board, Zalando created three new positions to join its seven senior vice presidents. Anne Pascual was promoted to senior vice president of product design, and Astrid Arndt was appointed SVP for people and organization. Both have been with the company for several years. ...

  • News briefs

    Covid-19 case at Zalando

    2020-03-24T14:32:00Z

    An employee at Zalando has tested positive for coronavirus and is staying home under self-imposed quarantine. The European e-tailer has since sought to determine who at its headquarters in Berlin, Germany, came into contact with the infected employee over the previous 14 days. It has asked those staff members to ...

  • News briefs

    Zalando creates three executive posts

    2020-03-24T11:27:00Z

    Strengthening the management level below the executive board, Zalando created three new positions to join its seven senior vice presidents. Anne Pascual was promoted to senior vice president of product design, and Astrid Arndt was appointed SVP for people and organization. Both have been with the company for several years. ...

  • Article

    With higher sales and visits, Zalando pushes its marketplace

    2020-03-24T11:17:00Z

    Zalando ’s momentum keeps going, and the e-tailer is looking at new ways to grow after posting strong results for the fourth quarter of the year. One of the highlights was a jump in the number of site visits, which progressed by 31.9 percent to 960.7 million. The company’s ...