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Zalando news and archive

Retail

Zalando enters resale market with launch of Pre-owned category

Zalando has announced the launch of a new resale category allowing its customers in Germany and Spain to buy and trade pre-owned clothing directly on the platform. The new Pre-owned offer, which was first announced back in February, looks to tap into the fast-growing resale market and allows customers to sell fashion items in exchange for...

Sep 21, 2020

Business

Shopping online? This is what retailers know and do with data

The convenience of online shopping has changed the world of e-commerce and how we shop for clothes. Online sales have been a lifeline to many retailers when physical stores were forced to close during the pandemic, but what are they doing with the data they collect from shoppers? From every ‘add to a wish list,’ basket or payment, the world’s...

Sep 2, 2020

Fashion

Zalando builds on luxury offering, launches ‘Real life luxury’ campaign

German e-tail giant Zalando has announced a number of new initiatives to further build on its luxury offering. The retailer is adding new brands to the category’s line-up, including Roksanda and Marchesa, and will expand lines from Victoria Beckham and Moschino. It is also changing the name of its ‘premium’ category (currently home to 260...

Sep 1, 2020

Fashion

Zalando to drive diversity after racism investigation

In June this year Zalando investigated allegations of racism pertaining to employees not booking black models and using discriminatory language about skin tone. The issues were raised by a former employee of Zalando Studios via social media channels. Zalando said in a statement it could not confirm the core allegations, but admitted instances of...

Aug 21, 2020

Fashion

Zalando Accelerates Its Platform Transition Based On Exceptional Growth

• H1 2020 GMV growth at 25.1 percent, revenue growth at 19.6 percent • H1 2020 Adjusted EBIT of 113.3 million euros • Q2 GMV growth at 33 percent, revenue growth at 27.4 percent • 180 new brands signed to partner program in Q2 Zalando SE, Europe’s leading online platform for fashion and lifestyle, has significantly expanded its customer base in...

Aug 11, 2020

Management

Zalando reports strong revenue and profit growth

Zalando SE has said in a statement that gross merchandise volume (GMV) grew by 25.1 percent to 4.72 billion euros and revenue grew by 19.6 percent to 3.56 billion euros in the first half of 2020. In the same period, Zalando achieved an adjusted EBIT of 113.3 million euros at a margin of 3.2 percent compared to 108.1 million euros; 3.6 percent in...

Aug 11, 2020

Retail

H&M Group's Arket to launch on Zalando

H&M Group's Arket is to launch on German online retailer Zalando. The Stockholm-based brand will offer its menswear, womenswear and kidswear collections on Zalando’s online platform from 21 August, and will join Weekday and Monki as the latest H&M Group brand’s available on the site. “Our aim is to offer beautifully made design for everyday...

Jul 17, 2020

Management

Zalando raises full year outlook after strong Q2

Zalando SE has upgraded its full year guidance following strong performance in the second quarter of 2020. The company is confident to deliver strong and profitable growth for the full year and now expects to grow GMV by 20-25 percent and revenue by 15-20 percent in 2020. It further expects an adjusted EBIT of 250-300 million euros and...

Jul 17, 2020

Fashion IN-DEPTH

Style challenges, OOTDs and influencers: How fashion jumped on the TikTok trend

As the pandemic-induced lockdown weighed on the world and in-person interaction became mostly impossible, many depended on social media to connect with others. Though platforms like Instagram, Twitter and Facebook are often mentioned first, another player has recently placed these two in its shade - TikTok, the natural habitat of Gen Z. From lip...

Jul 14, 2020

Business Interview

Anna Meyfarth: “TikTok isn’t like the picture perfect world of Instagram”

As younger generations spend increasingly more time online, one social media platform has been catching the attention of everyone: TikTok. But what do fashion brands have to do to grow their presence on the app? The Chinese-owned short-video platform has such addictive qualities that teenagers and young adults find themselves scrolling through...

Jul 10, 2020

Fashion

Zalando, Next and Asos stop selling Boohoo brands after damning report

Online retail giants Zalando, Next and Asos have removed Boohoo’s brands and collections from their websites following the Sunday Times report of modern slavery allegations at a supplier’s factory in Leicester. The report, which revealed factory workers were paid less than half the national working wage, received just 3.50 pounds an hour, in...

Jul 8, 2020

Report

Zalando expects to report strong Q2 results

Zalando SE expects a significant increase in sales and EBIT in the second quarter, which the company said in a statement, is significantly above current market expectations. The reasons, Zalando added, are the changing consumer behaviour, in particular a strongly increasing preference for digital offerings, as well as the continued execution of...

Jun 18, 2020