Zalando
Zalando: co-CEOs remain at the helm and sustainability and D&I come under the same umbrella
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
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 reviews brand portfolio to raise its relevance
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
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
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
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 and Nike strengthen long-term partnership
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
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
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
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
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
Athleta joins Zalando
The Gap-owned brand of premium women’s performance and lifestyle wear has recently joined the German e-commerce platform Zalando. Athleta’s goal is to intensify its presence in Europe-
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