Zalando said it “pulled off a strong finish to the year” as sales in the golden quarter hit between €1.32bn and €1.35bn, a rise of 21.2% to 23.2%.

The German fashion etailer said it achieved an adjusted EBIT margin of 8.1% to 8.9% over the period

Zalando co-chief executive Rubin Ritter pointed out this sales growth comes despite a “challenging October”.

Ritter said it had achieved “profitable growth” across 2017. Zalando expects full-year sales to fall between €4.48bn and £4.5bn and adjusted EBIT will range between €209m and €222m.

This corresponds to a profit margin of 4.7% to 4.9%

Ritter said: “We pulled off a strong finish to the year, despite a challenging October. In 2017 we delivered on our promise of profitable growth. We are excited to continue on this path also in 2018 and beyond.

“Our focus will remain on strong market share gains, facilitated through continued investments.”