Trade Resources Industry Views Fashion and Shoes Increased Its Net Sales to 437 Million EUR

Fashion and Shoes Increased Its Net Sales to 437 Million EUR

Zalando further strengthens its market position in both, Germany and Europe. During the second quarter of 2013 (Q2/2013) Europe’s leading online shop for fashion and shoes increased its net sales to 437 million EUR.

Compared to 257 million EUR net sales in the second quarter of 2012, Zalando’s revenues have grown by more than 70 per cent. Thereby, the e-commerce company continues its positive development in all launched markets and builds up sustainable structures on a solid financial basis.

For the first half year of 2013, Zalando reported net sales at the amount of 809 million EUR. This implies more than 70 percent growth in comparison to the first half year of 2012 with net sales of 471 million EUR. Drivers for this year’s growth include the continued progress in the company’s established markets as well as the addition of four new markets since the first half of 2012.

Zalando also continues to invest in its operational excellence in key areas including infrastructure to further strengthen the long-term development of the company.

The online retailer recently launched the test phase for its third self-operated fulfilment center in Mönchengladbach, Germany. In addition, Zalando opened two new office sites in Berlin this year, which are housing its fashion, technology and operations teams.

About Zalando

Zalando is Europe’s leading online retailer for shoes and fashion. Their extensive selection for women, men and children ranges from popular high street brands to much sought-after designer labels from over 1,500 different international brands. Exclusive accessories, beauty essentials and sportswear make up Zalando’s wide range of products.

Source: http://www.fibre2fashion.com/news/apparel-news/newsdetails.aspx?news_id=154401
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