Zalando holds firm on guidance as profits improve
Online fashion giant Zalando has confirmed its full-year guidance for 2024 after delivering growth and “improved” profitability during the first quarter.
Zalando reported an increase in adjusted EBIT to €28.3m (£24.28m) in its first quarter, while gross merchandise volume was also up 1.3% to €3.3bn (£2.83bn).
Already have an account? Sign in here