Zalando news and archive

Surprising profit: Zalando is more optimistic for 2024

After a good start to the autumn and winter season of 2024, the online retailer Zalando wants to step it up a gear. In day-to-day business, the group is aiming for more profit than previously communicated. Managers are also no longer expecting the worst for other key financial indicators. Co-CEO Robert Gentz sees the company as well positioned...

Fashion

Zalando debuts first adaptive children’s collection

Zalando has launched its first adaptive collection for children under its brands Friboo and Yourturn Kids, which focus on pieces that meet the needs of children with disabilities, the Berlin-based online retailer announced on Thursday. A total of 29 pieces such as T-shirts, trousers, sweaters, underwear and bodysuits with various adaptive...

Fashion |In Pictures Featured

Zalando repositioning brand on “quality, lifestyle, and inspiration”

German-based fashion and lifestyle e-tailer Zalando has unveiled a new brand positioning and identity through its new autumn/winter 2024 campaign focusing on “quality, lifestyle, and inspiration”. The ‘What Do I Wear?’ campaign, which features stars including actor William Dafoe, model and actress Brigitte Nielsen, and TikTok star Sabrina...

BusinessFeatured

Zalando's Q2 growth boosted by sport, designer and beauty

European fashion and lifestyle e-tailer Zalando reported a revenue increase of 3.4 percent to 2.6 billion euros in its second quarter due to increased demand for its expanded lifestyle offering in sports, designer and beauty. Zalando's financial report for the second quarter of 2024 shows gross merchandise volume (GMV) rose 2.8 percent to 3.8...

Business

Ellen MacArthur Foundation and leading brands start The Fashion ReModel to pursue a circular approach

How to make money in fashion without making new clothes? That is ultimately the question that needs to be solved by the industry in view of the current take-make-waste models that churn out 100 billion (!) pieces of new clothing each year only to be discarded after a few wears. The Ellen MacArthur Foundation has announced a new initiative called...

People

Zalando appoints new general manager for sports

European fashion and lifestyle e-tailer Zalando has appointed Nina Graf-Vlachy as its new general manager for sports to support the expansion of its sports lifestyle proposition. Graf-Vlachy, who was with sportswear brand Puma for over a decade and served as their managing director of central Europe, will start at Zalando in August and report to...

BusinessFeatured

Zalando co-founder David Schneider steps down as Co-CEO

European fashion and lifestyle e-tailer Zalando has confirmed that its co-founder David Schneider is stepping down as co-chief executive officer to focus on group-wide strategic partnerships and brand relations. Schneider is handing over his role as co-chief executive officer to David Schröder, Zalando’s current chief operating officer, who has...

Fashion Featured

Sinéad O’Dwyer wins Zalando Visionary Award 2024

Irish fashion designer Sinéad O’Dwyer, known for challenging body diversity and inclusivity in her collections, has been named the winner of the Zalando Visionary Award. The award celebrates “the makers of the future,” by placing a spotlight on designers and brands with a visionary approach to creating positive social impact, driving innovation...

Business

Zalando improves profitability in Q1, confirms outlook

Zalando delivered growth and improved profitability in the first quarter with gross merchandise volume (GMV) increase of 1.3 percent to 3.3 billion euros and revenues of 2.2 billion euros compared with 2.3 billion euros in the prior-year period. Zalando said, adjusted EBIT rose to 28.3 million euros, in line with market expectations and...

BusinessFeatured

Zalando targets a larger share of the fashion e-commerce market with new "ecosystem"

German company Zalando is looking to grow its share of the fashion and lifestyle e-commerce market with a new evolved pan-European "ecosystem" aimed at boosting both its business-to-business (B2B) and business-to-consumer (B2C) to further “deepen” customer and partner relationships. In a statement, Zalando said the updated evolved "ecosystem"...

Zalando announces strategy to return to growth

In 2023, Zalando’s GMV decreased 1.1 percent to 14.6 billion euros and revenue declined 1.9 percent to 10.1 billion euros. Full-year adjusted EBIT rose to 350 million euros, resulting in an adjusted EBIT margin of 3.5 percent, up 1.7 percentage points from 2022. The company has announced a strategy to build a pan-European fashion and lifestyle...

Business

Zalando plans to remove misleading sustainability labels

According to the EU Commission, online retailer Zalando has committed to removing misleading sustainability labels and symbols from its website. From 15 April 2024, the symbols, such as leaves or trees, will no longer appear next to the products on offer. This was announced by the Brussels authority on Thursday. The Consumer Protection...