Zalando delivers ‘faster than expected’ sales growth
Zalando has posted strong full-year sales and profit growth, fuelled by a rapidly expanding customer base and membership scheme.
Zalando posted an 11.3% rise in adjusted group EBIT to €468.4m (£391.4m) in its 2021 financial year, spurred by a 29.7% surge in revenue to €10.4bn (£8.7bn).
The online fashion retailer said that it grew “significantly faster than expected” during its financial year driven by “continued strong consumer demand for online offerings”.
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