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Zalando news and archive

Zalando lowers outlook as consumer confidence dips

Zalando SE has issued an update for the second quarter 2022 and revised its guidance for the financial year 2022 as the company said, macroeconomic conditions have further deteriorated during the second quarter of 2022 with the EU consumer confidence index decreasing further in June. For the second quarter 2022, management expects gross...

Jun 24, 2022

Business |Background Featured

Inside Zalando’s plan to be the home of ‘streetwear, new luxury and fashion inspiration’

Online retailer Zalando has been part of the fashion industry for almost 15 years now. During that time, the German company has introduced many new services and expanded its range considerably. Now, the platform is consciously working on not just being a general e-tailer, but becoming the destination for “new luxury, streetwear and fashion...

Jun 14, 2022

Business

Zalando acquires majority stake in High Snobiety

Berlin-based e-tailer Zalando has acquired a majority stake in fashion and lifestyle media brand Highsnobiety. In a statement the two companies said they will join forces to lead the way in engaging and inspiring customers. “They will leverage each other's complementary strengths by bringing together Highsnobiety's cultural relevance and...

Jun 13, 2022

Fashion Featured

Raeburn, Mworks and Ranra shortlisted for Sustainability Award

Zalando and Copenhagen Fashion Week have named British fashion brand Raeburn, Parisian-based Mworks, and London/Reykjavík based design studio Ranra as the finalists for the Zalando Sustainability Award. The award, which is in its fourth season, celebrates brands that drive positive change and contribute to a more responsible fashion industry and...

Jun 1, 2022

Business |BACKGROUND Featured

With platforms booming, what happens to wholesale?

When online retailers like Zalando, for example, want to triple their platform business in a few years, this will have serious implications for the traditional wholesale business and the brands involved. All the more so because Zalando is just one example of several. What does it mean when more and more online retailers develop their traditional...

May 27, 2022

Business

Weird Fish accelerates oversea expansion with Next and Zalando partnership

British clothing brand Weird Fish has announced new partnerships with online retailers Next and Zalando as part of a plan to grow its overseas reach and e-commerce division. The casualwear label will be introducing a full range of womenswear and menswear across both of the partners’ platforms, adding to its current online presence with the likes...

May 23, 2022

BusinessFeatured

PVH and Timberland discuss rapid supply chain digitisation at PI Apparel’s Supply Chain Forum

As the pandemic shifted the world’s way of working, people and brands were forced to move more and more online, accelerating the need for a revamped supply chain that pushed digitalisation to new extents. This topic was a prominent subject matter at PI Apparel’s Supply Chain Forum Europe, which was hosted in Amsterdam from April 28 to 29. As...

May 10, 2022

Management

Zalando posts drop in Q1 revenue

Revenue at Zalando fell by 1.5 percent year-over-year to 2.2 billion euros in the first quarter, which the company said was mainly due to its transition to a platform model. The German retailer’s gross merchandise volume rose slightly by 1 percent to 3.2 billion euros compared to strong growth in Q1 2021. Zalando reported an adjusted EBIT of...

May 5, 2022

Report

Zalando taps new SVP of corporate development

German fashion retailer Zalando has named Padmaja Bommareddy as its new senior vice president of corporate development. In her new role, Bommareddy will be responsible for “identifying and executing on opportunities for the company that will help Zalando deliver on the existing platform strategy and beyond”. Padmaja joins from US retail giant...

Apr 12, 2022

Fashion

Zalando opens applications for Sustainability Award

Zalando is inviting international fashion brands to apply for the fourth Zalando Sustainability Award, presented during Copenhagen Fashion Week in August. The award, which aims to encourage brands and designers to explore sustainable alternatives, has previously been won by Danish menswear label Iso.Poetism by Tobias Birk Nielsen, Swedish brand...

Apr 4, 2022

Business

H&M, Zalando and About You top EU cross-border e-commerce rankings

In its fourth edition of its European e-commerce report, Cross-Border Commerce Europe has highlighted the top 500 players in cross-border performance, with H&M and Zalando sweeping up top spots on the list. According to the organisation, the total online EU cross-border market represented a turnover of 171.2 billion euros in 2021, increasing by...

Mar 31, 2022

Business

Zalando outlines sustainability progress in new report

Online retailer Zalando has published its newest Sustainability Progress Report, highlighting the steps it has taken to reach its eco-goals and what more it plans to do. The e-tailer first outlined its missions in 2019, with the goal of becoming a net-positive fashion platform through its Do.More strategy, in which it focused on six goals to...

Mar 1, 2022