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Zalando targets more than EUR 30 billion GMV by 2025
DGAP-News: Zalando SE / Key word(s): Annual Results/Annual Report
16.03.2021 / 08:00
Zalando targets more than EUR 30 billion GMV by 2025
Zalando further upgrades long-term growth ambition to more than 10% of European fashion market
Strong financial year 2020 with 30.4% GMV growth, 5.3% adjusted EBIT margin
Guidance 2021: GMV growth of 27-32% at EUR 350-425 million adjusted EBIT
Astrid Arndt appointed to the Management Board as Chief People Officer as of April 1
BERLIN, MARCH 16, 2021 // Following a strong financial year 2020, Zalando significantly upgrades its growth ambitions and aims to grow Gross Merchandise Volume (GMV) to more than EUR 30 billion by 2025. The company further aspires to serve more than 10% of the total EUR 450 billion European fashion market in the long-term.