World Footwear

Zalando

Zalando lowers full year GMV and revenue guidance

Nov 7, 2023 / Germany
Despite confirming its 2023 profits guidance, the online retailer has lowered its GMV and revenue outlook revenue on the “expectation of continued pressure on demand for the rest of the year”

Zalando: co-CEOs remain at the helm and sustainability and D&I come under the same umbrella

Sep 19, 2023 / Germany
The e-commerce platform announced that the contracts of Robert Gentz and David Schneider as co-CEOs have been extended and that Pascal Brun has been appointed Vice President of Sustainability and Diversity & Inclusion

Zalando's EBIT up by 87% in the second quarter

Aug 14, 2023 / Germany
The German-based online retailer posted an 87% increase in EBIT in the second quarter of the current year from the same period in 2022, despite a slight decline in GMV and revenue

Zalando files lawsuit against the European Commission

Jun 30, 2023 / Germany
The German-based company challenges its designation as a “Very Large Online Platform”, under Article 33 of the Digital Services Act (DSA), which obliges it to manage systemic risks

Zalando reviews brand portfolio to raise its relevance

Apr 7, 2023 / Germany
Based on a shift in consumer behaviour, the German-based e-tailer plans to increase the relevance of its brand assortment according to three criteria: inspiration, curation and personalisation

Zalando reports slower growth

Mar 9, 2023 / Germany
Amidst a challenging macroeconomic environment, the German-based online retailer posted a GMV growth of 3.2% in 2022, year-over-year, with revenue remaining stable at 10.3 billion euros

Zalando to cut hundreds of jobs

Feb 22, 2023 / Germany
The German-based online retailer announced that it will cut hundreds of jobs due to the increasingly challenging macroeconomic environment experienced after the COVID-19 pandemic

Zalando focuses on profitability

Nov 8, 2022 / Germany
The e-tailer posted growth in the third quarter of 2022 amid a challenging macro-environment, underlining its focus on improving profitability. Active customers base exceeded 50 million this year

Zalando launches first adaptative collections

Oct 27, 2022 / Germany
The German e-tailer is entering the adaptative fashion market, hoping to reach a largely untapped public, as "finding fashionable adaptive clothing still represents a challenge for disabled people"

Zalando and Nike strengthen long-term partnership

Oct 6, 2022 / Germany
The German-based online retailer announced a new step in its strategic partnership with Nike with the introduction of a new membership programme in ten European countries

Zalando cuts outlook as macroeconomic conditions worsen

Jun 24, 2022 / Germany
The online retailer revised its guidance for fiscal 2022 due to the deterioration of macroeconomic conditions over the second quarter. EU consumer confidence index decreased further in June

Zalando acquires majority stake in Highsnobiety

Jun 21, 2022 / Germany
With the transaction, multi-media global brand Highsnobiety will retain its editorial independence, with creative agency work remaining fully autonomous and management structure unchanged. Founder and CEO, David Fischer retains a minority stake in the business

Zalando posts sales decline

May 11, 2022 / Germany
Amid a volatile market environment, the online retailer informed that revenue declined by 1.5% in the first quarter of 2022, as compared to the same period last year, totalling 2.2 billion euros

Zalando strengthens senior leadership team

Apr 13, 2022 / Germany
The German-based online platform has announced that Padmaja Bommareddy will join the company in the role of Senior Vice President (SVP) of Corporate Development

Zalando creates Chief Operating Officer role

Dec 17, 2021 / Germany
David Schröder, up until now Chief Financial Officer, will assume the newly created role of Chief Operating Officer (COO) to focus on scaling the German e-commerce platform’s growth
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