Zalando's growth once again surpasses 20 % | RetailDetail

Zalando's growth once again surpasses 20 %

Zalando's growth once again surpasses 20 %

German Zalando has achieved its 20 % growth target for the second quarter, but just barely. It still forecasts a 20 to 25 % growth for its full fiscal year.

Lower margins

Zalando’s second quarter turnover reached 1.1 billion euro, up 20.1 % compared to the year before. Its growth outside of the German-speaking market is still strong: the web shop grew 22.6 % in the rest of Europe, as opposed to a “mere” 15.2 % growth in the DACH region (Germany, Austria and Switzerland).


Its 10.4 % EBIT margin in the DACH region however is markedly higher than the 3.7 % in the rest of Europe. Nevertheless, its margins are lower in both regions as compared to the year before. The fashion web shop’s net profit also dropped from 50.9 to 47.4 million euro.


The surge in site visits was considerable, from 480 to 595 million, with almost 70 % through mobile devices (up from 65 % last year). The number of orders and its number of active customers also expanded to 22.2 and 21.2 million respectively. The average spend per order did drop from 66.2 euro in last year’s second quarter to 64.5 euro in this quarter.

Questions or comments? Please feel free to contact the editors

Gerelateerde items

The world's first start-up supermarket, KaDeTe, opens in Berlin


The world’s first startup supermarket, KaDeTe, will open its doors in Berlin next month. The physical marketplace will give young brands and companies an opportunity to engage consumers and buyers.

Record results for Henkel


German Henkel experienced a strong 2017, with record numbers for both its profit and turnover. The company managed to surpass the 20 billion euro turnover milestone for the first time.

Merger paid off for Fnac Darty


French entertainment and electronics retailer Fnac Darty (owner of Belgian chain Vanden Borre and Dutch BCC) has experienced a “solid 2017”, with a nearly 40 % turnover increase.

Are Chinese prisoners working for H&M and C&A?


British former journalist Peter Humphrey has accused C&A and H&M of using forced labour. He claims to have seen how Shanghai prisoners were forced to work for Western chains, something the retailers will now investigate.

Chanel acquires stake in online retailer Farfetch


French fashion label Chanel obtained a minority stake in British Farfetch. It wants to use the online retailer’s expertise to create more digital innovations for its own customers.

Monoprix wants to acquire web shop Sarenza


Store chain Monoprix, part of French Groupe Casino, entered negotiations to acquire online shoe seller Sarenza, one of France’s prime online brands.

Back to top