All Zalando articles – Page 2
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NewsZalando to cut hundreds of jobs as tough economic conditions bite
Zalando is to axe several hundred roles as it confronts a challenging environment as “pandemic tailwinds fade”.
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OpinionPeter Williams: ‘Fenwick move from Bond Street is sad but inevitable’
The news that the Fenwick store on Bond Street will be closing in 2024 marks yet another moment in the shrinking of the department store sector.
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NewsZalando cuts marketing spend rather than jobs
Online fashion giant Zalando is scaling back marketing in preference to cutting jobs amid challenging conditions.
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NewsZalando warns on profits as customer demand wanes
Zalando has issued a profit warning after a worse-than-expected second quarter.
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NewsZalando amps up content creation with Highsnobiety acquisition
Fashion platform Zalando is aiming to boost its content skills with the acquisition of media group Highsnobiety.
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NewsZalando profits and sales slip as supply chain and inflation costs bite
Zalando has reported dropping profits and revenues as rising inflation and the cost-of-living crunch impacted its bottom line.
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NewsZalando delivers ‘faster than expected’ sales growth
Zalando has posted strong full-year sales and profit growth, fuelled by a rapidly expanding customer base and membership scheme.
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NewsZalando upgrades outlook as sales climb and brand collaborations boom
Zalando has recorded rising sales in the first quarter in which all markets in which it operates were fully reopened.
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AnalysisAnalysis: Will fast fashion be dead in a decade?
Zalando boss Robert Gertz sensationally claimed that the fast fashion model is unsustainable in a greener future - is he right?
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Retail Navigator AnalysisZalando (SWOT)
Within a relatively short period of time, Zalando has become Europe’s largest online fashion retailer with sales of €10.14bn (£8.8bn) in FY2023. Outside the UK – where Asos is still the dominant player in online fashion – it enjoys a very high brand recognition. However, in early 2023 Zalando joined other fast-growing pureplay retailers acknowledging that they had expanded too much during the pandemic, when online demand spiked.
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Retail Navigator AnalysisZalando (People)
Founders David Schneider and Robert Gentz continue to run Zalando as co-CEOs.
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Retail Navigator Analysis
Zalando (Overview)
German-based Zalando is one of Europe’s largest fashion retailers with annual sales of €10.14bn (around £8.83bn) in 2023. In 2024 it updated its strategy to focus on “building the leading pan-European fashion and lifestyle ecommerce ecosystem” through the two “growth vectors” of business-to-consumer (B2C) and business-to-business (B2B).
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NewsZalando upgrades outlook for the year following ‘standout’ first quarter
German pureplay giant Zalando has upgraded its outlook for the 2021 financial year following what it called a “standout” first quarter.
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Opinion
‘New partnerships such as Next and Reiss are shaping retail’s future’
Agility and partnerships go hand in hand with brand relevance and evolution. So do innovation and investment.
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NewsZalando targets bigger share of European market after stellar year
Zalando has upgraded its ambitions to take a larger share of the European fashion market as sales soared over the past year.
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NewsZalando poaches Boots beauty boss as it ramps up growth plans
Zalando has appointed Boots vice president of beauty and gifting Joanna Rogers to lead its expanding beauty offer.
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NewsZalando raises profit forecast after ‘exceptional’ sales boost
Zalando has reported “exceptionally strong” growth in the third quarter, raising expectations for the full year.
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NewsZalando extends sustainability push due to consumer demand
Zalando has accelerated its sustainability plans as consumer demand for environmentally friendly products has grown exponentially since the beginning of the year.
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NewsZalando half-year profits rise spurred by new customer surge
Despite a “challenging trading environment”, Zalando has recorded a strong uplift in profits and gross merchandise volume in its first half.
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NewsBoohoo launches independent review into supply chain following slavery allegations
Boohoo has launched an independent review into its UK supply chain and committed to invest £10m to “eradicate supply chain malpractice” as pressure over modern-day slavery allegations mounts.
