Retail Week looks ahead to the next seven days, with updates from Zalando and Supergroup on the agenda.
Zalando
The German etailer posts its first-quarter results on Tuesday, May 9.
Zalando consistently outperforms the sluggish fashion market and this quarter should be no different. At its last full-years, the etailer doubled its profits and shored up margins while sales soared 23%.
It expects to repeat that sales growth this year and for margins to hold at between 5% and 6%.
It is also in the process of acquiring Munich-based business Kickz – a multichannel basketball retailer – in order to strengthen its sports and lifestyle division and may update the market on its progress.
Supergroup
Another fashion retailer bucking the trend is SuperGroup, which will report its fourth-quarter results on Thursday, May 11.
The retailer has had a rocky past but for the last few years has been on the up. Sales were up 31% at its half-years, driven by a stellar wholesale performance.
The group is developing its offer in international markets with a particular focus on North America and China.
It has opened three stores in Manhattan, Philadelphia and Orlando and the market will be keen to learn more about the performance of these locations.
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