• Home
  • Tags
  • Zalando SE

Zalando SE news and archive


Zalando: Q3 profitability improves but revenue and GMV drop

Zalando reported adjusted third-quarter EBIT of 23.2 million euros, an increase of 72 percent compared with last year. Zalando’s GMV declined 2.4 percent to 3.2 billion euros and revenue fell 3.2 percent to 2.3 billion euros in the quarter amid a challenging macroeconomic environment of low consumer sentiment and declining online sales. The...