Zalando maintains guidance following surge in first quarter profits and sales
Online fashion giant Zalando has maintained its full year guidance despite ongoing turbulence within the “geopolitical and macroeconomic environment” as first quarter profits and sales surged.
Zalando reported a 7.9% rise in revenue from €2.2bn to €2.4bn during the first quarter, with business-to-business revenue up 11.6%.
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