Zalando seeks at least 20% growth in 2015

Zalando seeks at least 20% growth in 2015

German fashion web shop Zalando wants to keep last year's growth rate (a 26 % turnover increase) going in 2015: it targets a 20 - 25 % turnover increase for this year.

German region is profitable

"Zalando is in the pole position to continue to outgrow and drive the European online market in fashion and we have the necessary infrastructure to deal with the capacity which comes with future growth," management board member Rubin Ritter said. "We will certainly not take the foot off the gas, not even a bit."

 

The company's 2014 turnover growth reached 26 %, which represents a 2.2 billion euro turnover. Turnover in its German-speaking region grew 17 % to 1.2 billion euro, while turnover in the rest of Europe grew even more: up 37 % to 862 million euro.

 

Zalando is even profitable in its German-speaking region (Germany, Austria and Switzerland), with an adjusted EBIT of 83 million euro, but there is still a slight loss in the rest of Europe.

 

The company had 14.7 million active customers by the end of 2014 and it added 600,000 people in the fourth quarter alone. 42 % of its customers in 2014 visited the site on a mobile appliance, which is way up from the 27 % in 2013. Zalando's app has been downloaded more than 7 million times.

Questions or comments? Please feel free to contact the editors


Aldi will home deliver in the United States

16/08/2017

German discounter Aldi is starting one-hour deliveries for online orders in the United States, thanks to the support of American startup Instacart. Amazon’s reaction was swift: it will test lockers in which custumers can collect items within two minutes after ordering them.

Yoox-Net-a-Porter thrives thanks to mobile surge

03/08/2017

Online retailer Yoox-Net-a-Porter has managed to beat analysts’ expectations in the past fiscal year, thanks to a surge in mobile sales. For the first time ever, these sales contributed more than half of the retailer’s total turnover.

Lidl constructs new distribution center in Venlo

01/08/2017

Lidl will open a new distribution center in Venlo, which will cater its web shop’s customer base. The distribution center is not a Lidl Netherlands project, but apparently an international project.

Amazon places own pick-up lockers at consumers' homes

31/07/2017

Amazon announced The Hub, a system of pick-up lockers that can be placed everywhere. They come in different sizes and can be placed both inside or outside of buildings.

Amazon's profit takes enormous hit

28/07/2017

American Amazon’s profit plummeted in the second quarter and is also lower than what analysts had predicted, despite a 25 % turnover increase.

Amazon: a looming problem for other retailers

27/07/2017

Those who thought Amazon’s growth would slow down, were wrong: the company is now worth more than 500 billion dollars. The Amazon effect is even troubling other retailers and investors. How should they react?

Back to top