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Fashion e-tailer Zalando sales zoom 74% in Q1 2013
23
Jul '13
Zalando continues to experience rapid growth in both, Germany and Europe. During the first quarter of 2013 (Q1/2013) Europe’s leading online shop for shoes and fashion increased its net sales to 372 million EUR, as the company’s preliminary figures show.

In Q1/2012, net sales amounted to 214 million EUR. Thus, the online retailer is growing by 74 percent compared to the previous year, in spite poor weather conditions that have affected the entire fashion industry."We are very pleased with these results - Zalando is a sustainable company and extremely well positioned internationally," said Rubin Ritter, Managing Director at Zalando. "The basis of our growth is the success in our established markets, whilst at the same time we are also seeing positive developments in the countries we have launched in recently."

In the first quarter of this year, Zalando grew strongly despite the long winter and late start of the spring season, which affected the entire fashion industry.

2012 saw Zalando launch in seven new countries, with the Berlin based e-commerce Company now online and successful in 14 markets.

In the business year 2012, with net sales of 1.15 billion EUR, Zalando was able to more than double net sales compared to the previous year. At the same time, Zalando reached break-even (EBIT) in its core region of Germany, Austria and Switzerland (“DACH”)

Zalando


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