Zooplus grows 20 % in third quarter

Zooplus grows 20 % in third quarter

German animal web shop Zooplus saw its third quarter turnover grow by 22 % to 277 million euro, continuing the solid growth from its first quarters.

Strategy confirmation

“The sales development in the third quarter of 2017, where we had a significant increase versus the second quarter of 2017, is confirmation that our chosen approach to focus on accelerating sales growth is the right one”, CEO Cornelius Patt said.

 

Based on the current results, Zooplus still forecasts a 1.125 billion euro full-year turnover. That would be a sizeable increase compared to 2016, when it reached 909 million euro, which already was a 28 % growth compared to 2015. The web shop even intends to surpass the two billion euro turnover milestone by 2020.

Questions or comments? Please feel free to contact the editors


Gerelateerde items

Harrods plans biggest make-over in its 180-year history

24/11/2017

During the next three years, Harrods will be thoroughly revamped. The London luxury department store is investing a staggering 200 million pound (225 million euro) into its largest renovation to date and into new online services for its Chinese customers.

Rémy Cointreau's expensive cognacs perform well in Asia

23/11/2017

French liquor group Rémy Cointreau had an excellent third quarter. Its more expensive bottles of cognac were very popular, especially in China, Japan and Singapore.

Europe and Asia give Guess strong quarter

22/11/2017

American fashion brand Guess’ third quarter turnover grew more than 3 %, mainly thanks to excellent sales in Asia and Europe. It did post a net profit loss however.

LensOnline targets German expansion

22/11/2017

Belgian LensGroup, which dominates Belgian online contact lens sales alongside LensOnline, is slowly conquering the European market. Following the Netherlands, Italy and Spain, it is now targeting the German market.

Europe halts geoblocking

22/11/2017

Negotiators for the European Parliament, the European Council and the European Commission reached an agreement on a geoblocking ban. With geoblocking, web shops could exclude visitors from other countries.

Urban Outfitters gets back on track in third quarter

21/11/2017

Following several quarters of negative results, Urban Outfitters’ third quarter was one of growth. Total turnover grew 3.5 % and there was a 1 % like-for-like growth.

Back to top