Zalando
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Zalando is expanding its pre-owned resale platform Zircle to two new markets as it continues efforts to establish a foothold in the growing global second-hand market.
The online fashion giant…
Read MoreZalando co-CEO to step down
Zalando has announced co-chief executive Rubin Ritter will step down from his role at the company’s 2021 annual general meeting.
The Berlin-based ecommerce platform has three co-chief executives: founders Robert…
Read MoreZalando returns to profit as it turns coronavirus online boom into “business opportunity”
Zalando has swung to a profit and raised its outlook for the full year as turns “accelerated consumer demand” into “business opportunities”.
The online fashion marketplace has emerged as the…
Read MoreZalando launches re-sale platform to “bring pre-owned to the mainstream consumer”
Zalando has launched a new re-sale clothing platform in a bid to “bring pre-owned to the mainstream consumer” in Europe.
The online clothing giant will from today sell a curated…
Read MoreZalando could see record profits of €300 million this year amid dramatic turnaround
Zalando could see profits climb to a record €300 million (£272 million) after it emerged as one of the few winners of the major shift online during lockdown.
Europe’s largest…
Read MoreBoohoo shares recover 27% despite £2bn loss as investors see “buying opportunity”
Boohoo has seen its shares recover by 27 per cent this morning as investors see its “share price fall as a buying opportunity”.
The online fashion giant has endured a…
Read MoreZalando to make sustainability assessment mandatory for all sellers in landmark move
Zalando is set to make sustainability assessments mandatory for brands selling on its platform in a bold new initiative aimed at accelerating sustainability in the fashion industry.
In partnership with…
Read MoreThese are the retailers who are doing well in lockdown
“With the nation firmly under lockdown throughout April, drastic retail sales declines were to be expected.”
Retail sales have seen a record decline in April as the coronavirus lockdown continues…
Read MoreZalando stocks jump 11% as it predicts double-digit sales rise in 2020
Zalando’s stocks jumped nearly 11 per cent today after it released predictions for healthy double-digit growth for the full year 2020.
The online fashion retailer revealed that it expects to…
Read MoreZalando starts selling “non-medical” face masks despite public backlash
Zalando has become the latest fashion retailer to begin selling face masks to “people to protect others around them and preserve medical masks for health care professionals”.
The online fashion…
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