All Zalando articles – Page 2
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Retail Navigator AnalysisZalando (Financials)
Zalando smashed through the €1bn sales barrier in 2013 just five years after it was founded, went on to hit the €10bn mark in 2021, and is now one of Europe’s largest fashion retailers. However, sales declined 1.5% to €10.14bn (£8.83bn), allowing for currency fluctuations, for the financial year to 31 December 2023 (FY2023) as Zalando focused on profitable growth amid a challenging economic environment.
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NewsZalando has upped its guidance as sales and profits soar in ‘strong start’ to the season
Online fashion giant Zalando has increased its full-year guidance as sales and profits surged thanks to a “strong start” to the autumn/winter season.
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Retail Navigator AnalysisZalando (Strategy)
As Zalando continues to evolve its social commerce credentials and up its ability to engage by ‘entertaining’ consumers, it has revealed plans to open a site in China’s “tech-hub” Shenzhen, and has confirmed a committment with OpenAI to continue developing generative AI solutions.
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NewsZalando’s sales and profits have soared thanks to the summer of sport
Online fashion giant Zalando has reported a surge in profits and sales during the second quarter and maintained its full-year guidance as the summer of sport paid off.
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NewsZalando names new co-CEO as part of leadership shake-up
International fashion giant Zalando has announced a string of changes to its top team, to ensure “the effective execution” of its updated strategy, from September 1, 2024.
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NewsZalando holds firm on guidance as profits improve
Online fashion giant Zalando has confirmed its full-year guidance for 2024 after delivering growth and “improved” profitability during the first quarter.
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DataRanking: The top 15 most productive fashion retailers
We’ve teamed up with our sister brand Retail Navigator to give you a rundown of the fashion retailers that have the lowest cost of staff to sales ratio, and are therefore the most productive players in the sector.
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AnalysisAI, customer experience and dream teams – the key talking points from Paris
As more than 800 retail leaders from around the world gathered to inspire and be inspired at WRC 2024, Retail Week highlights some of the key takeaways from the congress in Paris
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NewsZalando adopts new strategy designed to power growth
International fashion pureplay Zalando expects to return to growth as it follows a new strategy.
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AnalysisTech List 2024: What makes Cider, Zalando, Facewatch and TikTok leaders so inspiring?
Retail Week’s definitive annual index of the people powering tech transformation at 50 influential businesses has been published. We look at what retailers can learn from four of the individuals celebrated in The Tech List
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DataNext season tech – the investments powering the future of fashion
From collaborating on designs to elevating the customer experience, artificial intelligence is changing fashion retail forever.
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NewsZalando revises guidance as it posts revenue decline
Online fashion giant Zalando has recorded a decrease in group revenue and is reviewing its guidance as it expects “continued pressure on demand” for the remainder of the financial year.
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NewsZalando launches ‘visual-first’ content platform with Highsnobiety
Online fashion giant Zalando has launched a new “immersive visual-first” fashion experience, Stories, in partnership with fashion media brand Highsnobiety.
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DataRanking: Victorian Plumbing and Zalando winning in productivity – find out why
Victorian Plumbing and Zalando have been named as two of the UK’s most productive retailers, Retail Week’s report reveals.
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NewsZalando credits boost in revenue and ‘improved profitability’ to online shopping club
Zalando has credited a rise in revenue and “improved profitability” in its first quarter to increased demand for its online shopping club Lounge by Zalando.
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Opinion‘AI scare stories abound but retailers need to get in on the act now’
The rise of AI has been one of the biggest stories of the year so far, prompting excitement about its potential and fears about possible malign effects in equal measure.
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Innovation of the WeekInnovation of the Week: Zalando pilots virtual fitting room in 25 countries
Innovation of the Week is a subscriber-only series highlighting retail initiatives that have caught the eye of our analysts.
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NewsZalando sales and profits slow against ‘challenging economic backdrop’
Online fashion giant Zalando has said it will focus on growing its profitability this year after sales slowed against a “challenging economic backdrop” in 2022.
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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.