Zalando reported that last year its gross merchandise volume rose 23.6% to €8.2bn, revenues increased 20.3% to €6.5bn and adjusted EBIT rose to €224.9m from €173.4m.

Zalando said growth was ”especially pronounced” in the fourth quarter when it achieved ”record-breaking results during Cyber Week”. 

This year, Zalando will introduce new propositions to help it achieve its objective of becoming “the starting point for fashion” including a push to win more luxury spend and, in the autumn, will launch a pre-owned offering.