Zalando acquires majority stake in Highsnobiety
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Zalando has acquired a majority stake in Highsnobiety for an undisclosed figure.
The surprising move has come as a result of Zalando wanting to accelerate its ambition to be a…
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Next and Zalando partner with Weird Fish for ecommerce push
Weird Fish is strengthening its overseas reach and year-on-year ecommerce success by launching new partnerships with online retail giants Next and Zalando.
The brand will host its full range of…
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Delivery the biggest deal-breaker for two-thirds of online marketplace shoppers
Delivery is fast becoming one of the biggest deal-breakers for the ecommerce sector in the UK, with around two-thirds of UK consumers (65%) saying they wouldn’t order from a marketplace…
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Zalando continues positive growth trend
Zalando has again published positive results in its annual financial report, seeing gross merchandising value (GMV) reach up to 34.1% to €14.3 billion.
Strong consumer demand for online offerings and…
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Barclays downgrades Boohoo as it loses confidence in brand’s profitability
Barclays has downgraded Boohoo from ‘equalweight’ to ‘underweight’ while slashing the price target from 135p to 85p.
The difficulties facing fashion ecommerce retailers emerging from the pandemic, including sustaining their…
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Zalando next retailer to report profit dip as ecommerce boom slows
Zalando has become the next retailer to report a quarterly profit dip as the pandemic-fuelled ecommerce boom slows.
Physical stores offering deep discounts have not helped the sales of etailers,…
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Zalando relaunches Zircle App
Zalando has announced the relaunch of its Zircle app equipped with several new features, as it continues its mission to make buying and selling pre-owned fashion easier for its customers. …
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Fast fashion must be “shelved” within the decade according to Zalando CEO
The fast fashion model must be ditched by the global clothing industry within the next 10 years, according to Zalando chief executive Robert Genz.
Gentz told the Financial Times that…
Read MoreZalando’s marketing spend fails to pay off as shares fall
Zalando saw its shares fall on Thursday after its heavy spend on its marketing strategies failed to pay off during the lockdown.
The company said it had been investing more…
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Zalando launches ‘shop-by-values’ service allowing shoppers to filter by “causes they care about”
Zalando has launched a new “shop-by-values” service across its platform allowing shoppers to filter brands based on “the causes and values they care about”
Zalando’s new filter enables customers to…
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In the Queen’s Speech delivered on 10 May 2022, the UK government heralded its plans to introduce a new Data Reform Bill.
The announcement came in the wake of a…