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Zalando Accelerates Its Platform Transition Based On Exceptional Growth

• H1 2020 GMV growth at 25.1 percent, revenue growth at 19.6 percent • H1 2020 Adjusted EBIT of 113.3 million euros • Q2 GMV growth at 33 percent, revenue growth at 27.4 percent • 180 new brands signed to partner program in Q2 Zalando SE, Europe’s leading online platform for fashion and lifestyle, has significantly expanded its customer base in...

Business

Dollar profits up 31 per cent

In the last quarter Dollar saw a 31 per cent rise in profits. The company is eyeing a turnover about 14 per cent higher than last year’s. Dollar will invest around Rs 200 crores to strengthen its position in the northern and western markets by acquiring local players. The company is looking to acquire at least six small players in the hosiery...