Zalando cites AI and About You integration for double-digit revenue increase

Exterior of Zalando building

Source: GettyImages/iStock / Getty Images Plus/Victor Golmer

Fashion retailer and tech provider Zalando has said revenue was up by 23.8% in the first quarter of the year, with adjusted EBIT reaching €65m.

On a pro-forma basis, which accounts for the acquisition, revenue growth was a more modest 3.4%.

 

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