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Zalando wants to triple its numbers by 2025

Last year Zalando grew by 30 per cent thanks to a quarter more customers. The e-commerce player expects to keep up the momentum and even triple sales from ten to thirty billion euros by 2025.   39 million customers Zalando feels stronger than ever : Indeed, the Covid-19 crisis was merely a reassurance for the German fashion platform, which saw its sales increase by 23 per cent to almost 8 billion euros. The total sales volume (GMV) reached 10.7 billion euros, representing a 30 per cent rise.   Net profit amounted to 226 million euro, significantly more than the 100 million euro a year earlier. Customers returned fewer orders due to the Covid-19 crisis, admits resigning co-CEO Rubin Ritter. It had a positive effect on the profit figures. However, the return rate remains around 50 per cent.

Zalando targets more than EUR 30 billion GMV by 2025

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.

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Zalando Aims for More Than 10% of Europe Fashion Market

Zalando Aims for More Than 10% of Europe Fashion Market
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