Zalando sales surge as shopper visits climb

Zalando iPad

Online fashion giant Zalando has posted a rise in quarterly sales as its customer base grew.

Zalando’s revenues advanced 26.7% to €1.5bn in the third quarter and gross merchandise volume rose 24.6% to €1.9bn.

The etailer reported adjusted EBIT of €6.3m, a profit margin of 0.4%.

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