All Zalando articles – Page 4
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News briefs
Zalando sees significantly hike in Q2 sales, Ebit
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 that second-quarter ...
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News briefs
Zalando extends Connected Retail aid package to Poland, Sweden, Spain
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 run until ...
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Article
Zalando will be subjecting its partners to sustainability standards
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 Higg Co. The BRM ...
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News briefs
Zalando to appoint Rent the Runway CEO to its supervisory board
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 provides designer dress ...
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News briefs
Zalando opens new outlet stores, plans five extra outlets by 2022
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. The ...
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Article
Zalando sees 2020 revenues up by 10-20%
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.
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Article
Zalando issues a profit warning, offers to help stores
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 meeting, ...
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News briefs
Zalando creates three SVP posts
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. ...
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News briefs
Covid-19 case at Zalando
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 ...
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News briefs
Zalando creates three executive posts
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. ...
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Article
With higher sales and visits, Zalando pushes its marketplace
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 revenues ...
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