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German online fashion retailer Zalando reported second-quarter group revenue of €3.42bn ($3.94bn), a 20.8% increase, while narrowing its full-year guidance. Gross merchandise volume (GMV) for the three months to 30 June 2026 rose 20.7% on a reported basis to €4.91bn while net income declined …
This article first appeared on GuruFocus. Group GMV (Q2): Increased 4.4% on a pro forma basis to EUR4.9 billion. Group Revenue (Q2): Grew 1.1% on a pro forma basis. Group Adjusted EBIT (Q2): Reached EUR205 million, up 10% year-on-year. Group Adjusted EBIT Margin (Q2): …
Germany's Federal Financial Supervisory Authority (BaFin) has completed a review into Zalando's 2025 annual report, concluding that the company's approved consolidated financial statements contained errors. The regulator did not impose any fine, and the examination was conducted under the German Securities Trading Act (WpHG). …
Zalando is now a strategic investor at Sereact, a provider of physical AI for warehouse robotics and manufacturing, underscoring the potential of the technology in meeting the logistical needs of Europe's fashion industry. Sereact said in a recent statement that Zalando, Europe's leading technology …
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