Your browser is no longer supported. For the best experience of this website, please upgrade to a newer version or another browser.

Your browser appears to have cookies disabled. For the best experience of this website, please enable cookies in your browser

We use cookies to personalise your experience; learn more in our Privacy and Cookie Policy. You can opt out of some cookies by adjusting your browser settings; see the cookie policy for details. By using this site, you agree to our use of cookies.

Sales up as Zalando launches pre-owned category

Zalando’s revenue grew 20.3% to €6.5bn (£5.5bn) for the 2019 financial year, after the Berlin-based etailer won 4.6 million more active customers.

Zalando has also announced the expansion of its premium category to include luxury brands and the launch of a new “pre-owned” category. 

“Premium has been our fastest-growing category in the past months, and we see a huge potential to build on that. Especially younger customers like to mix and match high-street fashion brands with sports and designer pieces.” said David Schneider, Zalando co-CEO. 

The etailer plans to double its premium and luxury assortment before the end of 2023. 

Its pre-owned category will launch in the third quarter of 2020 allowing customers to buy curated pre-owned fashion and sell their own items on Zalando. 

A record number of 31 million customers ordered from Zalando over the past year, driving gross merchandise volume (GMV) by 23.6% to €8.2bn (£6.9bn). 

The etailer’s achieved an EBIT of €224.9m (£189.9m) up from £173.4m (£146.4m) in 2018. 




Have your say

You must sign in to make a comment

Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions. Links may be included in your comments but HTML is not permitted.