Zalando Q2 Sales Surge Amid Global E-Commerce Competition
The second quarter saw Zalando, the massive German online retailer, continue to thrive, with group revenues increasing 7.3 percent to 2.83 billion euros over the three-month period. Zalando’s group revenues for the year to date reach 5.25 billion euros, a 7.6 percent rise over the same period last year. The second-quarter growth is consistent with the first-quarter success.
We’re embracing the immense opportunities ahead of us with the expansion of our offerings and long-term partnerships,
Zalando co-chief executive officer David Schroeder
Zalando’s Active Customer Base Climbs to 52.9M Amid GMV Growth
The outcomes were mostly consistent with what the market had anticipated, and other important metrics appeared to be doing well. The gross merchandise value (GMV) of the corporation increased by 5% from April to June, reaching 4.06 billion euros. GMV, which is typically more than business revenue, gauges how much merchandise has been moved on the platform. Zalando also saw a 2.5 percent growth in orders to 65 million, a 6.1 percent gain in active clients to 52.9 million, and a 1.2 percent increase in the average value of each basket to slightly more than 61 euros per purchase.
Zalando Lifts 2025 Revenue Outlook to 17% After About You Acquisition
The company’s full-year projection was altered due to the mid-July acquisition of About You, another significant German online retailer. Zalando now projects that the merged group’s revenues will increase by 14–17% over the year, while GMV will increase by 12–15%. The Zalando group is anticipated to increase by 4 to 7 percent throughout the course of the year, assuming that About You was a part of the business the previous year. The Berlin-based business had previously projected Zalando’s growth to be between 4 and 9 percent.
The economic outlook for the euro area remains subdued due to ongoing trade tensions and heightened global uncertainty,
the company
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