Zalando
Apparel and textile industry company news
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Zalando in carbon neutral and plastic-free packaging drive
German fashion e-tailer Zalando says its own operations and all deliveries and returns are now carbon neutral, and that it aims to be single-use plastic-free in its own packaging by 2023.
Zalando ups profit outlook on "strong" first-half
German fashion e-tailer Zalando has raised its profit outlook following a surge in visits to its website and orders in the second quarter of 2019.
Zalando invests in new logistics centre to boost growth
German fashion e-tailer Zalando has announced plans to build a new 140,000 sqm fulfillment centre in the Netherlands to help boost its growth in Western Europe.
Zalando shares up on Q1 profit forecast
Shares in Zalando soared yesterday (16 April) as the German online fashion giant showed signs of recovery by saying it expects to post an operating profit for the first quarter of 2019.
Zalando to discontinue zLabels private label business
German fashion e-tailer Zalando is to discontinue its own-brand zLabels business next month as part of a wider bid to refine its private label assortment.
Zalando hails "strong" Q4, strengthens management board
Rubin Ritter, co-CEO of German fashion e-tailer Zalando, has hailed a "strong finish" to a challenging year in a move he says gives the firm confidence that its long-term growth plans are well on track.
Zalando Q3 loss widens as hot summer slows sales growth
A long and unusually hot summer has been blamed for cooling sales at German fashion e-tailer Zalando, leading to wider losses in the third quarter.
US Q2 in brief – Boot Barn Holdings, VF Corp, Sears
In the latest second-quarter filings from US apparel and footwear brands and retailers, VF Corp raised its full-year guidance on strong sales and earnings, while L Brands reported a 28.7% drop in earnings, and Urban Outfitters achieved record second-quarter sales and a jump in profit.
Zalando cuts FY forecast as heatwave takes toll
Shares in fashion e-tailer Zalando tumbled almost 16% this morning (18 September) as the Berlin-based company lowered its full-year outlook for the second time in as many months
Zalando trims FY outlook despite Q2 hike
Berlin-based fashion e-tailer Zalando has warned it expects its full-year revenue growth to be in the lower half of its 20-25% growth target, despite a rise in both sales and profit in the second quarter.
Zalando reaffirms outlook despite Q1 loss
Berlin-based fashion e-tailer Zalando has reaffirmed its 20-25% growth target for the fourth consecutive year despite moving to a loss in the first quarter of 2018.
Zalando eyes further investment amid mixed Q4
Berlin-based fashion e-tailer Zalando is to expand its product line, enter new markets and invest further in digital after revealing an increase in fourth-quarter sales but earnings that essentially flatlined.
Zalando hits FY sales target despite challenges
Berlin-based fashion e-tailer Zalando has achieved full-year sales in line with management guidance, despite what it says was a challenging October.
Zalando moves to a loss in Q3, despite sales hike
Berlin-based fashion e-tailer Zalando has lowered its forecast for the full year as it moved to a loss in the third quarter, despite a double-digit sales hike.
Zalando Build platform to personalise shopping experience
Berlin-based fashion e-tailer Zalando has developed a dedicated platform to help integrate startup technologies – including size and fit solutions – into the wider Zalando site in a bid to personalise shopping experience and "boost inspiration."
Zalando books mixed Q2 as customer base boosts sales
Berlin-based fashion e-tailer Zalando booked a mixed second-quarter as earnings slipped but sales booked a double-digit increase as the company's active customer base and average orders surged.
Zalando launches premium service as sales grow
Berlin-based fashion e-tailer Zalando has launched a premium membership scheme including faster delivery and fashion advice, as it revealed double digit sales growth in its second-quarter.
Zalando inks wholesale platform JV with Bestseller
As part of bid to digitise the fashion wholesale industry, Berlin-based fashion e-tailer Zalando has inked a joint venture with Danish apparel company Bestseller United for the shared ownership of FashionTrade.com.
Zalando launches digital supply chain solution
Berlin-based fashion e-tailer Zalando has launched a supply chain service for brands and retailers selling through its site in a move it says will improve customer satisfaction and help scale their businesses internationally.
Zalando to boost Nordic operations
Berlin-based fashion e-tailer Zalando has revealed plans to open its first Nordic fulfilment centre in Sweden later this year as part of a bid to boost and expand its operations in the region.
Zalando Q1 profit jumps on strategic investments
Berlin-based fashion e-tailer Zalando has reported solid growth in its first-quarter, boosted by higher sales thanks to investment in its customer and brand proposition.
Zalando maintains momentum in Q1
Berlin-based fashion e-tailer Zalando has maintained its trading momentum in the first quarter of 2017, and says it will continue to expand at high speed throughout the rest of year.
Zalando eyes future growth with Kickz
After breaking the EUR1bn (US$1.07bn) revenue barrier for the first time in a single quarter, Berlin-based fashion e-tailer Zalando has revealed a series of investments for the year ahead, including the acquisition of multi-channel basketball retailer Kickz and plans to create more than 2,000 jobs.
Zalando breaks billion-euro revenue barrier in Q4
Berlin-based fashion e-tailer Zalando has broken the EUR1bn (US$1.07bn) revenue barrier for the first time in a single quarter thanks to investment in its customer experience.
Eight factors set to shape European retail in 2017
Many of the key themes that dominated the European retail scene in 2016 are expected to continue into this year, analysts believe, as retailers prepare for more currency headwinds, unseasonal weather, a continued shift to e-commerce and whatever hurdles Brexit will bring.
Zalando beats expectations on "strong" Q3
Berlin-based fashion e-tailer Zalando revealed earnings that beat expectations in its third-quarter, with revenues also up, despite what it called "challenging market conditions" and a strong comparison on last year.
Zalando to expand own-label fashion business
Berlin-based fashion e-tailer Zalando has revealed it is to set up a standalone own-label fashion business to drive sales of its 17 brands to new target groups and markets.
Abercrombie & Fitch partners with Zalando in Europe
Teen apparel retailer Abercrombie and Fitch is to make its products available to online consumers in 15 European markets after inking a wholesale agreement with Berlin-based fashion e-tailer Zalando.
Zalando partners with Adidas on integrated commerce
Berlin-based fashion e-tailer Zalando has named Adidas as the first international brand partner to join its online platform, with stock from its Tauentzienstraße performance store in the city being available for same-day, free delivery.
Focus: Zalando - profit is so last season
Latest first-half results for Berlin-based fashion e-tailer Zalando highlighted revenue up 32% to EUR1.4bn (US$1.6bn), while profit margins dipped to 3.5% from 6% the previous year. In order to maintain growth momentum, where should the business focus its attention? asks Bernadette Kissane, apparel and footwear analyst at Euromonitor International.
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