Zalando
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Zalando ups FY guidance after strong Q2
German fashion e-tailer Zalando has raised its full-year guidance after what it called exceptionally strong and profitable growth in the second quarter as consumers are increasingly turning to online amid Covid-19.
Zalando expects Q2 revenue growth of 16%
German fashion e-tailer Zalando anticipates a "significant" increase in second-quarter sales and EBIT amid an accelerated consumer shift from offline to online.
Zalando has science-based targets approved
German fashion e-tailer Zalando says it is the first online platform globally to set its own science-based targets to reduce carbon emissions in line with the Paris Agreement, and have them approved.
Zalando raises sustainability bar for partner brands
German fashion e-tailer Zalando is making sustainability a mandatory requirement for its private labels and partner brands – and after 2023 won't work with those that don't measure up.
Zalando anticipates sales growth of up to 20% in 2020
German fashion e-tailer Zalando foresees revenue growth of between 10-20% in 2020, despite what it calls a challenging trading environment due to the coronavirus.
Zalando foresees Q1 adjusted EBIT loss amid virus
German fashion e-tailer Zalando expects to report an adjusted loss before interest and tax of up to EUR110m (US$95.9m) for the first quarter on the back of lower sales growth and an exceptional inventory write-down.
Zalando warns on "significantly lower" Q1 amid Covid-19
German fashion e-tailer Zalando expects its first-quarter results to be "significantly" below analysts' consensus earlier this month, which did not take into account the effects of the coronavirus.
Strong growth pushes Zalando into pre-owned and premium
German fashion e-tailer Zalando almost doubled its profit last year as revenues rose 20.3%, and says it plans to launch 'Pre-Owned' as a new category and expand its premium segment to include luxury brands.
TAL Apparel, VF Corp and Zalando join Global Fashion Agenda
TAL Apparel, VF Corporation, and Zalando have become the latest companies to join Global Fashion Agenda's associate partners circle, who will all contribute with insights from various parts of the supply chain.
How cutting-edge technologies can track organic cotton
A pilot project that combines on-product markers and blockchain technology to trace organic cotton from farm to consumer – a first in the apparel industry – has been deemed so successful that it could be implemented on a wider scale in the organic cotton sector and shows "enormous potential" as an end-to-end traceability solution for other preferred fibres in the fashion supply chain.
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.
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