Tag Archives: Zalando

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Zalando to expand its Stradella fulfillment center in Italy

Zalando to expand its Stradella fulfillment center in Italy

 

Berlin, 2018-Jan-16 — /EPR Retail News/ — Zalando, the leading online fashion platform in Europe, will extend the Stradella fulfillment center with its partner Fiege. In the course of 2018 two additional halls will be added and the capacity will double from about 20,000 sqm to about 40,000 sqm. The number of employees will increase to over 550. Fiege has overseen managing the Stradella site since it was opened in late 2015 and will continue to do so along with the expansion.

The investment into the Stradella fulfilment center and the recent investment in the Verona region, will not only strengthen the service offered to Italian customers but will also speed up the deliveries in Zalando’s Southern European markets. In December 2017 Zalando announced its plans to open a new fulfilment center for the Southern European Market. The new 130,000 sqm site will be located in Nogarole Rocca close to Verona and will create over 1,000 jobs in the medium-term.

“The extension of Stradella is part of our strategic development plan to grow our activities in Italy and in other Southern European markets, focusing on a continuous improvement of the service offered to our clients. The investment in Stradella allows us to answer to the increased demand i.” – commented Jan Bartels, VP Customer Fulfillment & Logistics at Zalando. ”We thank our partner Fiege for the successful collaboration and look forward to this next step.”

“We are really pleased to carry on our collaboration with Zalando” – declared Alberto Birolini, Business Development Manager and Board Member of Fiege Italia – “It is a great example of our ambition to deliver highly customized ecommerce solutions for our partners.“

Further information on Zalando logistics is available here.

Monica Franz
Position:Corporate Communications / Spokesperson Benelux
Email: monica.franz@zalando.nl

Source: Zalando

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Zalando continues its global expansion with the opening of new tech hub in Lisbon in early 2018

  • Zalando has just announced the opening of its third technology hub outside of Germany, in Lisbon
  • The hub will open at the beginning of 2018 with plans to create 50 jobs in the first year of operations
  • The local team will focus on the digital experience of the Zalando Fashion Store
  • Expansion of the tech team in Dublin and Helsinki is on track, focusing on many of the cornerstones of the Zalando Fashion Store, including personalization and social fashion influencing components.

Lisbon, Portugal, 2017-Nov-08 — /EPR Retail News/ — Zalando SE, Europe’s leading online fashion platform, continues to expand its technology footprint internationally. At the beginning of 2018, the company will open a tech hub in Lisbon, the third of its kind internationally.

Zalando aims to boost its platform operations and increase digital offers to connect people and fashion in multiple ways. The new hub in Lisbon will play a key role in this strategy by focusing on the development of an enhanced digital experience for the customers of the Zalando Fashion Store, currently available in 15 European markets.

“As e-commerce develops, consumer behaviour becomes increasingly sophisticated. It is therefore essential to be on top of digital innovations and to offer the best overall shopping experience. The opening of a dedicated technology hub with a strong focus on the digital experience of our Fashion Store is a strategic step to ensure we stay ahead of customer expectations in terms of personalization, inspiration and frictionless shopping”, says Marc Lamik, Head of Innovation and Partnerships at Zalando. “Lisbon offers a great environment to develop our new hub. The city’s tech ecosystem will allow us to attract the talent we need, and we are looking forward to engaging in fruitful exchanges with the local startup community”.

The opening of a dedicated technology hub with a strong focus on the digital experience of our Fashion Store is a strategic step to ensure we stay ahead of customer expectations in terms of personalization, inspiration and frictionless shopping

Marc Lamik, Head of Innovation and Partnerships

Zalando will open the new hub at the beginning of 2018 and create more than 50 jobs in Lisbon over the first year of operations. The online fashion platform is actively recruiting Frontend and Backend Software Engineers, but also Product Managers and UX Designers from across the industry and from within academic institutions, to work on products and features that will further enhance the digital experience of the Fashion Store.

“Technology has always been the backbone of our company. Thanks to over 200 specialized delivery teams, we keep enhancing the capabilities that allow our platform to operate efficiently and  grow, and we constantly improve our offer towards customers and partners,” says Philipp Erler, SVP Digital Experience at Zalando. “Besides allowing us to concentrate resources on the development of our Fashion Store – a cornerstone in the success of Zalando – the new hub in Lisbon will also contribute to the diversification of our technological footprint, which keeps expanding at a fast pace”.

The opening in Lisbon constitutes Zalando’s third technology hub outside of Germany following the opening of the Fashion Insights Centre in Dublin and the technology hub in Helsinki in 2015. The focus of operations in Ireland is deep data science and engineering research, involving R&D around how to build a real-time insight platform around fashion. In Finland, the tech team works on many of the cornerstones of the Zalando Fashion Store, including personalization and social fashion influencing components.

Overall, Zalando’s tech team has grown to a headcount of more than 1,800 employees across all locations. Most members of Zalando Technology are located at the company’s headquarters in Berlin with around 120 in the German hubs in Dortmund and Hamburg. Dublin and Helsinki boast a staff of around 100 each.

Zalando has already started recruitment for the Lisbon tech hub. Information on the available positions can be found on the company’s career website: http://zln.do/2iXivZ7

Zalando Technology at a glance

  • Zalando’s tech team is located in Berlin (HQ), Dortmund, Hamburg, Erfurt and Mönchengladbach, Germany; Dublin, Ireland; Helsinki, Finland; and from Q1 2018 Lisbon, Portugal.
  • More than 1,800 employees of over 50 different nationalities
  • Over 200 delivery teams across all locations
  • Small, autonomous teams applying an agile approach, based on purpose, autonomy, mastery and trust
  • Zalando platform mostly built in-house, using open source and cutting-edge technologies such as React, Scala, Python, Cassandra, Clojure, AWS, and Docker
  • Five key principles of building systems: API First, REST, SaaS, cloud, and microservices

ABOUT ZALANDO

Zalando is Europe’s leading online fashion platform for women, men and children. We offer our customers a one-stop, convenient shopping experience with an extensive selection of fashion articles including shoes, apparel and accessories, with free delivery and returns. Our assortment of almost 2,000 international brands ranges from popular global brands, fast fashion and local brands, and is complemented by our private label products. Our localized offering addresses the distinct preferences of our customers in each of the 15 European markets we serve: Austria, Belgium, Denmark, Finland, France, Germany, Italy, Luxembourg, the Netherlands, Norway, Spain, Sweden, Switzerland, Poland and the United Kingdom. Our logistics network with four centrally located fulfillment centers in Germany allows us to efficiently serve our customers throughout Europe, supported by warehouses in Northern Italy and France with a focus on local customer needs. We believe that our integration of fashion, operations and online technology give us the capability to deliver a compelling value proposition to both our customers and fashion brand partners.

Zalando’s shops attract about 200 million visits per month. In the second quarter of 2017, 70 percent of traffic came from mobile devices, resulting in 21.2 million active customers by the end of the quarter.

Contact:
Matteo Bovio
Position:Corporate Communications / Spokesperson Italy, Spain, UK
Email:matteo.bovio@zalando.it

Charline Merieau
Position:Corporate Communications / Spokesperson France
Email:charline.merieau@zalando.fr

Source: Zalando

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Zalando launches Beauty category to German customers spring 2018

Zalando launches Beauty category to German customers spring 2018

 

Berlin, 2017-Oct-20 — /EPR Retail News/ — At Zalando, we’re not interested in standing still. We’re as eager as ever to push into new areas and expand our proposition to customers. In spring 2018, Zalando will enter the beauty market, offering a full product range: cosmetics, skin and hair care, fragrances, tools and accessories. As with our Fashion Store, items will be available across all price points.

The expansion into the beauty market is a natural next step and reflects the demand of our customers.” Co-CEO Rubin Ritter

It is allowing us to complement our current assortment and strengthen our position as a one-stop destination for fashion and lifestyle. We empower the Zalando customer to complete a look with the right beauty products, taking cross-selling to the next level by giving full style advice from a broad range of brands and from high to low. German customers will be the first to enjoy the new category, with plans to extend the offering to further markets after a successful ramp-up phase.

Zalando will combine the online and offline experience with a Beauty Concept Store in Berlin. The lab environment will put the beauty-savvy customer first, offering a tangible product experience through a curated beauty assortment. The offline store will also be used as an event and knowledge platform for product launches, tutorials and advice from beauty experts. We can test digital use cases in an offline setting and get to know the beauty customer even better.

We’re thrilled with the products we’ll be able to offer, and are currently still in negotiations with brands with announcements to follow. Devotedly customer-obsessed, we believe this new venture – in collaboration with brand partners and key influencers – will bring truly head-to-toe fashion inspiration to our customers.

Contact:

Phone: +49 (0)30 2096 81 484
Mail: press@zalando.com
Twitter: zalando_press

Source: Zalando

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Zalando sent out the first parcel from its fulfillment center in Brunna, Sweden

Zalando sent out the first parcel from its fulfillment center in Brunna, Sweden

 

Berlin, 2017-Oct-20 — /EPR Retail News/ — Zalando, Europe’s leading online fashion platform, sent out the first parcel from its fulfillment center in Brunna yesterday. Earlier in May this year, Zalando fruitfully completed its location search for the first Nordic fulfillment center in Sweden in order to better serve its customers in the Nordics. The fulfillment center in Brunna, close to Stockholm, is operated by the local partner Ingram Micro. The test operations just commenced and logistics processes will be further ramped up over the course of the next months.

“We are continuously advancing our logistics network and strive to be internationally well positioned in order to keep improving our localized offer. The fulfillment center will ensure that Zalando’s strong and growing customer base experiences a more convenient service and receives orders faster in all Nordic markets. The first parcels will be shipped today, and full operations are expected to be secured in 2018. The satellite warehouse in Brunna will decrease lead times significantly, enabling next day deliveries to all Nordic capitals and the possibility for same day delivery in Stockholm”, says Kenneth Melchior, Nordic Cluster Head at Zalando.

The fulfillment center in Brunna is ideal strategically due to its geographic location. The position close to Stockholm in combination with the sophisticated infrastructure at hand, will make it possible to cut lead times in half. Denmark and Sweden will see the average delivery time decrease to 1-2 days from 2-5. Finland and Norway can expect a decrease to 1-3 days instead of the current 3-7. The fulfillment center will moreover provide a foundation for testing new services catering to changing customer needs, like the return on demand pilot ‘Zalando Hämtar’ currently running in Stockholm.

ABOUT ZALANDO

Zalando is Europe’s leading online fashion platform for women, men and children. We offer our customers a one-stop, convenient shopping experience with an extensive selection of fashion articles including shoes, apparel and accessories, with free delivery and returns. Our assortment of almost 2,000 international brands ranges from popular global brands, fast fashion and local brands, and is complemented by our private label products. Our localized offering addresses the distinct preferences of our customers in each of the 15 European markets we serve: Austria, Belgium, Denmark, Finland, France, Germany, Italy, Luxembourg, the Netherlands, Norway, Spain, Sweden, Switzerland, Poland and the United Kingdom. Our logistics network with four centrally located fulfillment centers in Germany allows us to efficiently serve our customers throughout Europe, supported by warehouses in Northern Italy and France with a focus on local customer needs. We believe that our integration of fashion, operations and online technology give us the capability to deliver a compelling value proposition to both our customers and fashion brand partners.

Zalando’s shops attract about 200 million visits per month. In the second quarter of 2017, 70 percent of traffic came from mobile devices, resulting in 21.2 million active customers by the end of the quarter.

Contact:

Phone: +49 (0)30 2096 81 484
Mail: press@zalando.com
Twitter: zalando_press

Source: Zalando

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Zalando H1 2017 results: revenues grew strongly by 21.5% to EUR 2,080.7 million

  • Half-year revenue up 21.5% to EUR 2,080.7 million, adjusted EBIT at prior year level of EUR 102.1 million, 4.9% margin
  • Second quarter revenue up 20.1% to EUR 1,100.5 million, adjusted EBIT at prior year level of EUR 81.8 million, 7.4% margin
  • Full-year revenue growth expected in upper half of 20-25% growth range, adjusted EBIT margin in lower half of 5-6% range
  • Expansion of European fulfillment footprint with further sites in Poland and Italy

BERLIN, 2017-Aug-11 — /EPR Retail News/ — Zalando grew revenues in the first half of 2017 strongly by 21.5% to EUR 2,080.7 million (HY 2016: EUR 1,712.6 million). Adjusted EBIT remained on prior year levels at EUR 102.1 million with a margin of 4.9% (HY 2016: 101.2 million, 5.9% margin). For the full year, Zalando expects revenue growth in the upper half of its guided range of 20-25% and an adjusted EBIT margin in the lower half of the 5-6% range.

As part of its continued growth initiatives, Zalando plans to expand its European fulfillment network with two large fulfillment centers in Poland and Italy. Zalando already operates sites of a similar size in Erfurt, Mönchengladbach and Lahr (Germany), and prepares to launch initial operations in Gryfino near Szczecin (Poland) in the third quarter of 2017. These are complemented by smaller fulfillment centers in Brieselang near Berlin, as well as localized warehouses in Stradella near Milan, Moissy-Cramayel near Paris, and by the end of the year in Brunna near Stockholm.

Co-CEO Rubin Ritter said: “We firmly believe that growth is the right strategy to increase the value of our business. Our updated guidance reflects our focus on growth at solid profitability levels. It is in our DNA to continuously evaluate additional investment opportunities, test ideas, and then start scaling them. This can range from assortment additions to our recently launched customer loyalty program Zalando Zet.”

Zalando strongly executed on its platform strategy during the past quarter: The company launched Zalando Fulfillment Solutions with Bestseller as first flagship partner, allowing fashion brands access to its logistics infrastructure and know-how. The transactions of Anatwine and KICKZ were closed in the second quarter. Anatwine is a software solution developer that enables fashion brands to sell merchandise on marketplaces.

With the addition of KICKZ, a multi-channel basketball retailer, Zalando strengthened its sports and lifestyle segment, especially in the area of basketball. The assortment was further expanded with Nike, Lacoste, Pepe Jeans and Esprit joining the Zalando Partner Program.

In the second quarter of 2017, revenues grew by 20.1% to EUR 1,100.5 million. Main drivers were a growing active customer base as well as an increase in average orders to 3.7 times per year, marking another all-time high and indicating strengthened customer loyalty. Active customers increased by approximately 800,000 to 21.2 million compared to the previous quarter, the strongest increase since the fourth quarter 2015.

Adjusted EBIT came in at prior year level of EUR 81.8 million or a margin of 7.4% (Q2 2016: EUR 80.9 million, 8.8% margin). A slightly lower gross margin and increased fulfillment cost could not be fully offset by improved marketing cost. The increase in fulfillment cost is primarily attributable to higher logistic costs, as Zalando continued with its convenience investments around fast delivery and returns, plus further ramp-up of capacity and automation at its various fulfillment sites.

Capital expenditure in the first half of 2017 was EUR 130 million, excluding M&A, reflecting investments primarily into infrastructure and in-house developed software. Zalando aims for about EUR 250 million in capital expenditure in 2017, excluding M&A.

Zalando’s half-year report and the earnings presentation for analysts and investors is available on the Zalando Investor Relations website. Zalando will report results for the third quarter 2017 on November 7, 2017, and publish a trading update prior to that. The publication date of the trading update will be announced in due time.

ABOUT ZALANDO
Zalando (https://corporate.zalando.com) is Europe’s leading online fashion platform for women, men and children. We offer our customers a one-stop, convenient shopping experience with an extensive selection of fashion articles including shoes, apparel and accessories, with free delivery and returns. Our assortment of almost 2,000 international brands ranges from popular global brands, fast fashion and local brands, and is complemented by our private label products. Our localized offering addresses the distinct preferences of our customers in each of the 15 European markets we serve: Austria, Belgium, Denmark, Finland, France, Germany, Italy, Luxembourg, the Netherlands, Norway, Spain, Sweden, Switzerland, Poland and the United Kingdom. Our logistics network with four centrally located fulfillment centers in Germany allows us to efficiently serve our customers throughout Europe, supported by warehouses in Northern Italy and France with a focus on local customer needs. We believe that our integration of fashion, operations and online technology give us the capability to deliver a compelling value proposition to both our customers and fashion brand partners. Zalando’s shops attract about 200 million visits per month. In the second quarter of 2017, 70 percent of traffic came from mobile devices, resulting in 21.2 million active customers by the end of the quarter.

CONTACT ZALANDO:
René Gribnitz
Vice President Communications
rene.gribnitz@zalando.de

Alexander Styles
Financial Communications
alexander.styles@zalando.de
+49 30 20968 2022

Source: Zalando

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Zalando launches new program Zalando Zet

BERLIN, 2017-Jul-20 — /EPR Retail News/ — Zalando announces Zalando Zet, a new program that offers customized premium services like pick-up of returns on demand as well as additional benefits such as premium customer service. The first phase will run by invite-only in four different cities in Germany, Berlin, Leipzig, Frankfurt, Hannover.

Zalando Zet introduces benefits along the entire customer journey: members get early access to sales, and can contact stylists and experts via telephone or Facebook chat to answer fashion-related questions. Members further benefit from faster delivery, including same-day, dedicated customer service, and the new return-on-demand service, which enables customers to have their returns picked up within two hours at a time and location of their convenience.

“To make it as easy as possible to buy fashion online, Zalando constantly invests into customers by piloting new and innovative services and partnering with brands and retailers. Zalando Zet is the next step within our strategy of providing an even more frictionless shopping experience, tailored to fashion,” says David Schröder, Senior Vice President Convenience at Zalando.

From the very beginning Zalando has been focused on providing the best customer experience. In 2008, Zalando revolutionized online shopping by introducing free delivery and returns within up to 100 days. Trying on goods at home for free as well as free shipping and convenient returns have been an integral part of Zalando’s offering ever since.

“Service is key to our customers. Zalando Zet combines the best of both online and offline shopping: Customers receive orders faster and return items easier. Furthermore, Zalando Zet adds a personal experience, as customers can ask Zalando about the latest trends or if they are unsure how to combine the shirt they just ordered,” says Lisa Schöner, Head of Zalando Zet.

In the first phase customers in four cities in Germany will be able to test the service for no additional cost for three months, after which they can become members for 19€ per year. Further cities in Germany will follow within the next months.

ABOUT ZALANDO
Zalando (https://corporate.zalando.com) is Europe’s leading online fashion platform for women, men and children. We offer our customers a one-stop, convenient shopping experience with an extensive selection of fashion articles including shoes, apparel and accessories, with free delivery and returns. Our assortment of almost 2,000 international brands ranges from popular global brands, fast fashion and local brands, and is complemented by our private label products. Our localized offering addresses the distinct preferences of our customers in each of the 15 European markets we serve: Austria, Belgium, Denmark, Finland, France, Germany, Italy, Luxembourg, the Netherlands, Norway, Spain, Sweden, Switzerland, Poland and the United Kingdom. Our logistics network with four centrally located fulfillment centers in Germany allows us to efficiently serve our customers throughout Europe, supported by warehouses in Northern Italy and France with a focus on local customer needs. We believe that our integration of fashion, operations and online technology give us the capability to deliver a compelling value proposition to both our customers and fashion brand partners. Zalando’s shops attract over 200 million visits per month. In the first quarter of 2017, more than 68 percent of traffic came from mobile devices, resulting in 20.4 million active customers by the end of the quarter.

CONTACTS:
Matteo Bovio
Corporate Communications
matteo.bovio@zalando.it
+49 (0)176 127 591 35

Source: Zalando

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Zalando launches Fulfillment Solutions to provide fashion brands access to its logistics infrastructure and know-how

BERLIN, Germany, 2017-Jun-20 — /EPR Retail News/ — The company announced during Playday that it successfully launched Zalando Fulfillment Solutions recently, giving fashion brands access to its logistics infrastructure and know-how. Through the new service, Zalando takes over the order fulfillment for partners from inbound to return, with simple and individual solutions catered to their specific needs. This new initiative complements digital services already offered by the Zalando platform such as Brand Solutions or Zalando Media Solutions and will help to further improve the frictionless fashion experience for customers across Europe.

“The Zalando platform is an operating system for the fashion world, with multiple ways of integrating all sorts of fashion contributors and stakeholders, catering to their specific needs. It offers not only digital services such as analytics or advertising but from now on also fulfillment solutions and thus, becomes the business strategy for brand and retail partners”, explains Jan Bartels, VP Logistics Product at Zalando.

With a logistic network that will soon consist of 8 fulfillment centers in 5 countries, Zalando sets high service standards for European customers and is piloting new offerings such as same-day delivery, geo-localised delivery or return on demand. Available in 5 of the European markets where the Zalando Partner Program is active, Zalando Fulfillment Solutions enables partners to improve customer satisfaction and to scale their business internationally, without worrying about the increasing service demand and corresponding logistics complexity.

“Zalando has set industry-wide delivery standards and keeps developing innovation for the last mile. Moreover, within the last six years, we built up a strong logistics network and gained deep logistics expertise. All of that is now accessible for external partners”, concludes Jan Bartels.

5 partners are already using Zalando Fulfillment Solutions, including Bestseller, Elvi, EVITA, Motion Fashion and Surf4Shoes.

ABOUT ZALANDO
Zalando (https://corporate.zalando.com) is Europe’s leading online fashion platform for women, men and children. We offer our customers a one-stop, convenient shopping experience with an extensive selection of fashion articles including shoes, apparel and accessories, with free delivery and returns. Our assortment of almost 2,000 international brands ranges from popular global brands, fast fashion and local brands, and is complemented by our private label products. Our localized offering addresses the distinct preferences of our customers in each of the 15 European markets we serve: Austria, Belgium, Denmark, Finland, France, Germany, Italy, Luxembourg, the Netherlands, Norway, Spain, Sweden, Switzerland, Poland and the United Kingdom. Our logistics network with four centrally located fulfillment centers in Germany allows us to efficiently serve our customers throughout Europe, supported by warehouses in Northern Italy and France with a focus on local customer needs. We believe that our integration of fashion, operations and online technology give us the capability to deliver a compelling value proposition to both our customers and fashion brand partners. Zalando’s shops attract over 200 million visits per month. In the first quarter of 2017, more than 68 percent of traffic came from mobile devices, resulting in 20.4 million active customers by the end of the quarter.

CONTACTS:
Matteo Bovio
Corporate Communications
matteo.bovio@zalando.it
+49 (0)176 127 591 35

Source: Zalando

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Zalando to open its first Nordic fulfillment center in Sweden later this year

Zalando to open its first Nordic fulfillment center in Sweden later this year

 

BERLIN, Germany, 2017-May-25 — /EPR Retail News/ — Zalando, Europe’s leading online fashion platform, successfully completed its location search to open its first Nordic fulfillment center in Sweden later this year. Together with the developer NREP Logicenters, Zalando will build a fulfillment center in Brunna, situated in the county of Stockholm. To meet the demand of the Nordic customers, and to further penetrate the market, investing in convenience is crucial. The first parcels are set to leave the fulfillment center later this year.

“Zalando has a bold but feasible vision for the Nordic markets. We want to enhance our customer proposition and increase our revenues to 1 billion EUR in the upcoming years. In order to do so, we need to further invest in our platform strategy and expand our logistics network locally so we can get closer to our Nordic customers. I am happy to announce that operations in our first fulfillment center near Stockholm will start within the next months”, said Rubin Ritter, Co-CEO at Zalando.

The Stockholm fulfillment center will ensure that Zalando’s strong and growing customer base experiences a more convenient consumer journey and receives orders faster in all Nordic markets. First tests and operations will start this year, full operations will be up and running in 2018. The warehouse in the Stockholm area will decrease lead times significantly, securing possible next day deliveries in all Nordic capitals (Stockholm, Copenhagen, Helsinki, Oslo) and the potential for same day delivery in Stockholm. When the fulfillment center is ramped up to full speed, Zalando will be able to cut lead times in half across the Nordic region (to 1-2 days for Sweden and Denmark, and 1-3 days for Norway and Finland).

“The Nordic e-commerce market is mature and developing fast. Ensuring consumer satisfaction, shortening lead times and providing a fashionable assortment are essential elements moving forward. This is why we are investing in establishing a new 30,000 sqm fulfillment center near Stockholm and extending our selection of more than 100 Nordic brands, with the latest additions being Holzweiler, Hunkydory and House of Dagmar”, said Kenneth Melchior, Cluster Head Nordics at Zalando. “Having this setup in place, we are also thinking of future test pilots for innovative services such as return on demand.”

“We are very pleased that Zalando has chosen NREP Logicenters as their partner for their expansion in the Nordics. As a leading provider of modern logistics properties, we will be able to support Zalando’s future growth and are looking forward to a successful partnership, said Rickard S. Dahlberg, Partner and co-Founder at NREP.

The fulfillment center in Brunna was chosen mainly due to its strategic location and advanced infrastructure, which is ideal for catering to all Danish, Finnish, Norwegian and Swedish customers. It will be operated by an experienced logistics provider and create a few hundred jobs. Zalando started to internationalize its logistics network in December 2015 by opening the first fulfillment center outside Germany in the North of Italy. This was followed by a fulfillment centre near Stettin in Poland, which was inaugurated in November last year. In the beginning of 2017 another warehouse was opened close to Paris in France which will now be followed by the most recent addition in Sweden later this year.

ABOUT ZALANDO
Zalando (https://corporate.zalando.com) is Europe’s leading online fashion platform for women, men and children. We offer our customers a one-stop, convenient shopping experience with an extensive selection of fashion articles including shoes, apparel and accessories, with free delivery and returns. Our assortment of over 1,500 international brands ranges from popular global brands, fast fashion and local brands, and is complemented by our private label products. Our localized offering addresses the distinct preferences of our customers in each of the 15 European markets we serve: Austria, Belgium, Denmark, Finland, France, Germany, Italy, Luxembourg, the Netherlands, Norway, Spain, Sweden, Switzerland, Poland and the United Kingdom. Our logistics network with four centrally located fulfillment centers in Germany allows us to efficiently serve our customers throughout Europe, supported by a warehouse in Northern Italy with a focus on local customer needs. We believe that our integration of fashion, operations and online technology give us the capability to deliver a compelling value proposition to both our customers and fashion brand partners. Zalando’s shops attract over 160 million visits per month. In the first quarter of 2017, more than 68 percent of traffic came from mobile devices, resulting in 20.4 million active customers by the end of the quarter.

CONTACT:
Sigrid Dalberg-Krajewski
Corporate Communications Nordics
sigrid.dalberg-krajewski@zalando.se

Source: Zalando

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Zalando provides financial guidance for 2017

  • 2017 guidance in line with multi-year strategy: revenue growth of 20-25%, adjusted EBIT margin of 5.0-6.0%
  • 2016 results: revenues of EUR 3,639 million (23.0% growth), adjusted EBIT of EUR 216.3 million (5.9% margin)
  • Zalando to acquire multi-channel basketball retailer KICKZ
  • Zalando to create more than 2,000 jobs in 2017

BERLIN, 2017-Mar-02 — /EPR Retail News/ — Zalando expects to continue outperforming the fashion retail market again in 2017 and grow revenues in a range of 20-25%, following a strong 2016 performance when Europe’s leading online fashion platform gained market share in every single quarter. Driven by a systematic focus on consumers and suppliers, as well as further investments into the company’s infrastructure, 2016 revenues grew by 23.0% to  EUR 3,639 million (2015: EUR 2,958 million). The adjusted EBIT margin increased to 5.9%, which corresponds to an adjusted EBIT of EUR 216.3 million (2015: EUR 107.5 million, 3.6%). For 2017, Zalando expects an adjusted EBIT margin in the range of 5.0-6.0%.

“Strong growth requires nonstop investment. We are proud to have significantly progressed in expanding our business profitably,” said co-CEO Rubin Ritter. “As we build the technology and operating system to transform the European fashion industry, we will further invest into a unique and flawless consumer experience and a stronger supplier proposition to continue to drive growth ahead of the market. At the same time, we plan to expand our team by creating more than 2,000 new jobs this year.”

In 2016, about 20 million customers (+11%) shopped at Zalando, increasingly using mobile devices, enjoying a wider and deeper assortment and an even better service proposition for delivery and returns. Zalando has become a fashion destination for consumers and an increasing number of brand partners alike. Zalando enables brand partners to scale their businesses via its wholesale services, the partner program as well as Zalando’s fulfillment and digital services, such as Zalando Media Solutions.

Zalando’s growth is enabled by its technology and operations infrastructure. The number of employees in Zalando’s technology team has increased from 1,000 in 2015 to more than 1,600. Its pan-European logistics network will expand into 20,000-30,000 m² warehouses in France and Sweden as well as a 130,000 m² logistics center in Poland.

The development in Zalando’s profitability was due to improved operating costs, which reflected strong cost management and general efficiency improvements.

Capital expenditure in 2016 was at EUR 181.7 million, excluding M&A, reflecting investments primarily into infrastructure, increased automation and in-house developed software. Zalando expects capital expenditure of EUR 200 million also in 2017, primarily in the same areas.

Earlier this week Zalando has agreed to acquire the retail business of Munich-based KICKZ AG (“KICKZ”), the leading multi-channel basketball retailer. With the addition of KICKZ, Zalando will further strengthen its sports and lifestyle segment, especially in the area of basketball. The transaction is subject to merger control clearance by German and Austrian competition authorities, and is expected to close in the first half of 2017. All parties have agreed not to disclose financial details.

Zalando’s fully digital annual report Zalando City Guide is now available online. iOS and Android users can discover Zalando City in virtual reality via app on the Apple App Store and Google Play. The app will be available as “Zalando City Guide”.

The earnings presentation for analysts and investors is available on the Zalando Investor Relations website. Zalando will report results for the first quarter 2017 on May 9, 2017, and publish a trading update prior to that. The publication date of the trading update will be announced ahead of time.

ABOUT ZALANDO
Zalando (https://corporate.zalando.com) is Europe’s leading online fashion platform for women, men and children. We offer our customers a one-stop, convenient shopping experience with an extensive selection of fashion articles including shoes, apparel and accessories, with free delivery and returns. Our assortment of over 1,500 international brands ranges from popular global brands, fast fashion and local brands, and is complemented by our private label products. Our localized offering addresses the distinct preferences of our customers in each of the 15 European markets we serve: Austria, Belgium, Denmark, Finland, France, Germany, Italy, Luxembourg, the Netherlands, Norway, Spain, Sweden, Switzerland, Poland and the United Kingdom. Our logistics network with four centrally located fulfillment centers in Germany allows us to efficiently serve our customers throughout Europe, supported by a warehouse in Northern Italy with a focus on local customer needs. We believe that our integration of fashion, operations and online technology give us the capability to deliver a compelling value proposition to both our customers and fashion brand partners. Zalando’s shops attract over 160 million visits per month. In the fourth quarter of 2016, more than 68 percent of traffic came from mobile devices, resulting in 19.9 million active customers by the end of the quarter.

CONTACT:
René Gribnitz
Vice President Communications
rene.gribnitz@zalando.de

Alexander Styles
Financial Communications
alexander.styles@zalando.de
+49 30 20968 2022

Source: Zalando

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Zalando releases trading update for third quarter of 2016

BERLIN, 2016-Oct-20 — /EPR Retail News/ — Zalando SE, Europe’s leading online platform for fashion, grew group revenues in the third quarter of 2016 to EUR 827-841 million or by 16-18% (Q3 2015: EUR 713 million), according to preliminary figures. Zalando expects to achieve an adjusted EBIT of EUR 8-25 million, corresponding to an adjusted EBIT margin of 1.0-3.0% (Q3 2015: EUR -24 million, -3.3%). In the first nine months of 2016 Zalando achieved revenues of EUR 2,540-2,554 million, growing by around 22% (first nine months 2015: EUR 2,090 million). Adjusted EBIT for the first nine months is expected to come in at EUR 109-126 million, a margin of around 4.6% at the mid-point of the range (first nine months 2015: EUR 36 million, 1.7%).

Rubin Ritter, co-CEO, said: “In the third quarter we outperformed a sluggish fashion market and improved our profitability significantly, allowing us to increase our guidance for the full-year EBIT margin. We remain on track to reach our targeted revenue growth for the full year. This proves again our ability to find the adequate tradeoff between growth and margin, depending on market conditions.”

As a result, Zalando reiterates its growth ambition for the next few years with 2016 coming in towards the higher end of the 20-25% growth corridor and increases full-year adjusted EBIT margin guidance for 2016 to 5.0-6.0%.

All figures reported herein are preliminary and unaudited. Full financial disclosure for the third quarter will be published on November 10, 2016.

ABOUT ZALANDO
Zalando (https://corporate.zalando.com) is Europe’s leading online fashion platform for women, men and children. We offer our customers a one-stop, convenient shopping experience with an extensive selection of fashion articles including shoes, apparel and accessories, with free delivery and returns. Our assortment of over 1,500 international brands ranges from popular global brands, fast fashion and local brands, and is complemented by our private label products. Our localized offering addresses the distinct preferences of our customers in each of the 15 European markets we serve: Austria, Belgium, Denmark, Finland, France, Germany, Italy, Luxembourg, the Netherlands, Norway, Spain, Sweden, Switzerland, Poland and the United Kingdom. Our logistics network with three centrally located fulfillment centers in Germany allows us to efficiently serve our customers throughout Europe. We believe that our integration of fashion, operations and online technology give us the capability to deliver a compelling value proposition to both our customers and fashion brand partners. Zalando’s shops attract over 160 million visits per month. In the second quarter of 2016, around 65 per cent of traffic came from mobile devices, resulting in 18.8 million active customers by the end of the quarter.

CONTACT:
René Gribnitz
VP Communications
rene.gribnitz@zalando.de
+49 30 20968 2022

Source: Zalando

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Zalando now offers small local retailers opportunity to sell their products through its Fashion Platform

Zalando now offers small local retailers opportunity to sell their products through its Fashion Platform
Zalando now offers small local retailers opportunity to sell their products through its Fashion Platform

 

BERLIN, 2016-Oct-14 — /EPR Retail News/ — While online shopping is becoming even more popular, the vast majority of fashion assortment is still located in stationary stores. In order to connect both worlds with each other, Zalando is looking into different ways of what the future of commerce might look like.

As part of the #IntegratedCommerce approach, Zalando is now offering small local retailers the opportunity to sell their products through its Fashion Platform. For the first time, local retailers are able to connect to the Zalando Platform with minimal technical effort via the external partner software “gax-system”. The first 10 participating stores can now easily accept orders from Zalando customers and fulfill them if the matching item is available in their stores.

Jan Bartels, Vice President Logistics Products at Zalando: “With its platform strategy, Zalando is working on different ways to not only connect big brands and retailers, but to connect local stores with limited technological infrastructures for the first time. This way, Zalando can be a digital solution for smaller retailers who are facing the challenges of digitalization and offer them a further sales channel. We see the future of commerce as a seamless shopping experience for customers, whether fashion items are available online or in local stores. This is why we are continuously testing new Integrated Commerce initiatives, which connect both worlds.”

Philipp Kannenberg, member of board, gaxsys GmbH: “For gaxsys, the pilot with Zalando provides a large number of local retailers with the opportunity to participate in e-commerce. We are convinced that local commerce can only exist in synergy with e-commerce, not in competition.”

Already 10 local retailers are participating in the testpilot, one of these is Tip Tap Kinderschuhe from Weilheim (Bavaria): “As a local store, our main challenge is to reach new customers, especially those of the younger generations”, says the owner Thomas Ganguin.  “That’s why, in order to generate extra sales, e-commerce is important for us as an additional distribution channel. So far the experience of selling online via the gax-system has been a good one. We are now able to sell more brands and benefit from Zalando’s vast reach. If we were running an own online shop we would need much more storage capacity and would have to schedule more personnel. With the gax-system we can flexibly decide on which orders to accept online.”

In June, Zalando already started its first test pilot, connecting local stationary stores of big partner brands like adidas to the Zalando Platform. The assortment of two adidas stores in Berlin is digitized and offered online to Zalandos’ customers.

ABOUT ZALANDO
Zalando (https://corporate.zalando.com) is Europe’s leading online fashion platform for women, men and children. We offer our customers a one-stop, convenient shopping experience with an extensive selection of fashion articles including shoes, apparel and accessories, with free delivery and returns. Our assortment of over 1,500 international brands ranges from popular global brands, fast fashion and local brands, and is complemented by our private label products. Our localized offering addresses the distinct preferences of our customers in each of the 15 European markets we serve: Austria, Belgium, Denmark, Finland, France, Germany, Italy, Luxembourg, the Netherlands, Norway, Spain, Sweden, Switzerland, Poland and the United Kingdom. Our logistics network with three centrally located fulfillment centers in Germany allows us to efficiently serve our customers throughout Europe. We believe that our integration of fashion, operations and online technology give us the capability to deliver a compelling value proposition to both our customers and fashion brand partners. Zalando’s shops attract over 160 million visits per month. In the second quarter of 2016, around 65 per cent of traffic came from mobile devices, resulting in 18.8 million active customers by the end of the quarter.

CONTACT:
Kristin Dolgner
Corporate Communications
press@zalando.com
+49 30 2096 81 484

Source: Zalando

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Zalando features upcoming industry trends and developments in its digital magazine “All about Z: The September Issue”

BERLIN, 2016-Sep-07 — /EPR Retail News/ — The digital magazine „All about Z: The September Issue” allows for a look behind the scenes of Europe’s leading online platform for fashion. Within the magazine a range of innovative projects and ideas, that Zalando is currently working on are presented. The topics vary from fashion, to logistics and tech, to marketing. Just like the September issues of the leading fashion magazines, the Zalando magazine „All about Z: The September Issue” presents upcoming industry trends and developments.

Rubin Ritter, member of the Management Board: “Taking risks and pushing boundaries has been our philosophy from the very beginning. In “All About Z” we have pulled together innovative ideas and projects that will excite our customers and add value to our brands. As an ever evolving company, we wanted to showcase our non-stop innovations, creativity and hard work.

Among others “All about Z” presents “Muze” a project on artificial intelligence and fashion. For this fashion experiment Zalando and zLabels have teamed up with Google to use machine learning to create virtual fashion designs. A special design engine was developed and trained to translate answers and creative inputs into 3D virtual fashion designs. Project “Muze” was presented for the first time during the Bread&Butter trend show which took place in Berlin from September 2 – 4. In “All about Z” two experts from the Zalando research team discuss how artificial intelligence will impact fashion in the future.

Additionally the magazine features a multimedia special on the construction plans for the Zalando Campus in Berlin. In 2018, when Zalando will celebrate its 10th birthday, the Zalando Campus will be ready to offer up to 5,000 employees a flexible and open working space that does not only reflect Zalando’s Corporate Culture but also helps the online platform to further lead the way of how companies work in the future. Construction will start on September 6, 2016.

Other topics include: Zalando employees present fashion trends from their markets, a payments quiz and exclusive tips regarding the must haves for the upcoming season.

The magazine can be accessed at „All about Z: The September Issue“.

ABOUT ZALANDO
Zalando (https://corporate.zalando.com) is Europe’s leading online fashion platform for women, men and children. We offer our customers a one-stop, convenient shopping experience with an extensive selection of fashion articles including shoes, apparel and accessories, with free delivery and returns. Our assortment of over 1,500 international brands ranges from popular global brands, fast fashion and local brands, and is complemented by our private label products. Our localized offering addresses the distinct preferences of our customers in each of the 15 European markets we serve: Austria, Belgium, Denmark, Finland, France, Germany, Italy, Luxembourg, the Netherlands, Norway, Spain, Sweden, Switzerland, Poland and the United Kingdom. Our logistics network with three centrally located fulfillment centers in Germany allows us to efficiently serve our customers throughout Europe. We believe that our integration of fashion, operations and online technology give us the capability to deliver a compelling value proposition to both our customers and fashion brand partners. Zalando’s shops attract over 160 million visits per month. In the second quarter of 2016, around 65 per cent of traffic came from mobile devices, resulting in 18.8 million active customers by the end of the quarter.

CONTACT:
Monica Franz
Corporate Communications
monica.franz@zalando.de
+49 152 38843157

Source: Zalando

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Abercrombie & Fitch Co. announces wholesale agreement with Zalando

New Albany, Ohio, 2016-Aug-26 — /EPR Retail News/ — Abercrombie & Fitch Co. (NYSE: ANF) announced today (August 24, 2016) that it has entered into a wholesale agreement with Europe’s largest online platform for fashion, Zalando. The German-based e-tailer carries more than 150,000 styles from over 1,500 brands for women, men and kids.

Beginning this week, Zalando will start offering Abercrombie & Fitch, Hollister and abercrombie kids products through its online stores in the 15 European markets it serves, which will provide Abercrombie & Fitch Co. access to Zalando’s more than 18 million active customers.

“As Europe’s leading online platform for fashion, we are confident Zalando will enhance the value of all of our brands and this business will accompany our strong store and digital presence already established in the region,” said Fran Horowitz, President and Chief Merchandising Officer of Abercrombie & Fitch Co. “Zalando is a key strategic partner as we continue to expand our brand reach and deliver a great brand experience to customers in these markets.”

“Zalando is constantly on the lookout for new brand partners and we are very happy that Abercrombie & Fitch Co. is now available in our shops. The American retailer has made great strides to grow and expand its footprint globally and we look forward to continuing that growth strategy across our European network,” said Moritz Hahn, Senior Vice President Category Management and Markets of Zalando. “Abercrombie & Fitch Co. brings three iconic brands to our business, thus, adds great value to our assortment offering. By entering into partnerships like this, we allow our consumers access to international brands, generate an enhanced offer and make online shopping more inspiring across Europe.

About Abercrombie & Fitch
Abercrombie & Fitch Co. is a leading global specialty retailer of high-quality, casual apparel for Men, Women and kids with an active, youthful lifestyle under its Abercrombie & Fitch, abercrombie kids and Hollister Co. brands. At the end of the first quarter 2016, the company operated 745 stores in the United States and 180 stores across Canada, Europe, Asia and the Middle East. The company also operates e-commerce websites at www.abercrombie.com, www.abercrombiekids.com and www.hollisterco.com.

Media Contact:
Michael Scheiner
Abercrombie & Fitch
(614) 283-6192
Public_Relations@abercrombie.com

Investor Contact:
Brian Logan
Abercrombie & Fitch
(614) 283-6877
Investor_Relations@abercrombie.com

Source: Abercrombie & Fitch

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The Tommy X Gigi collection will be available exclusively at Zalando from September 1

The Tommy X Gigi collection will be available exclusively at Zalando from September 1
The Tommy X Gigi collection will be available exclusively at Zalando from September 1

 

BERLIN, 2016-Aug-17 — /EPR Retail News/ — To make fashion accessible where ever you are, zalando brings the tommy x gigi collection to europe first. as part of this exclusive collaboration, gigi will visit berlin to premiere her collection at bread&Butter by Zalando.

Europe’s leading online fashion destination has teamed with the iconic American brand Tommy Hilfiger to bring theTommy X Gigi collaborative collection to fashion aficionados in Europe. From September 1 to September 9 the capsule will be available to shop exclusively via Zalando.

The Tommy X Gigi collection has been designed by Tommy Hilfiger in collaboration with supermodel Gigi Hadid, the brand’s global womenswear ambassador. The California girl puts a West Coast stamp on Hilfiger’s signature East Coast classics as marine, utility and maritime influences fuse with feminine silhouettes and sporty-chic details. The look is nautical luxe with Gigi’s own twist: effortless, youthful and cool.

“Gigi Hadid is one of the world’s top models and most-followed fashion influencers, and we are thrilled to welcome her to the Tommy family,” said Tommy Hilfiger. “Our collaborative collection is a new take on nautical with a playful, romantic edge. It has been a true partnership – Gigi and I worked closely together on each and every element; she was completely honest throughout the process and the results are a reflection of her passion and creativity.”

“This is the first collection I’ve ever co-designed and it was an amazing experience,” says Gigi Hadid. “I’m so proud of the designs and I love how they are an honest reflection of my own style and Tommy’s iconic signature twist.”

Loading up the launch with the just excitement and energy, Zalando has invited the collection’s co-creator, social media phenomenon and Tommy Hilfiger’s global womenswear ambassador, Gigi Hadid to come to Berlin for Bread&Butter by Zalando. Zalando has also produced a creative media campaign with packing tips by Gigi herself. In a snappy 90 second clip we see Gigi getting ready for her big trip overseas and packing up her collection in a huge Zalando vintage trunk with the Tommy X Gigi collection to bring it over to Europe. Gigi leaves no doubt about her expertise as a style savvy jetsetter and makes the most of this packing session, interacting directly with her audience and fans in Europe, as she picks her pieces and puts together looks for every country Zalando will launch Tommy X Gigi.

All Gigi fans in Europe should mark September 2 in red on their calendars, as this is the day when Gigi herself sets heel on European ground. Gigi Hadid will come to Bread&Butter by Zalando to present her collection: Tommy X Gigi will be showcased in a dedicated installation, featuring a state-of-the-art digital shopping experience and an array of amazing content around Gigi.

“We are extremely happy to bring Tommy X Gigi to Europe first,” says Carsten Hendrich, Zalando Vice President Brand Marketing. “With exclusive partnerships like this, we make online shopping more inspiring for our consumers across Europe. Through our collaborative brand campaign, we bring Gigi Hadid to Berlin and people can actually engage with the collection at Bread&Butter by Zalando.”

The Tommy X Gigi collection will be available exclusively at Zalando from September 1 to 9, before becoming available also via other channels from September 10 onwards.

NOTES TO EDITORS

ABOUT ZALANDO
Zalando (https://corporate.zalando.com) is Europe’s leading online fashion platform for women, men and children. We offer our customers a one-stop, convenient shopping experience with an extensive selection of fashion articles including shoes, apparel and accessories, with free delivery and returns. Our assortment of over 1,500 international brands ranges from popular global brands, fast fashion and local brands, and is complemented by our private label products. Our localized offering addresses the distinct preferences of our customers in each of the 15 European markets we serve: Austria, Belgium, Denmark, Finland, France, Germany, Italy, Luxembourg, the Netherlands, Norway, Spain, Sweden, Switzerland, Poland and the United Kingdom. Our logistics network with three centrally located fulfillment centers in Germany allows us to efficiently serve our customers throughout Europe. We believe that our integration of fashion, operations and online technology give us the capability to deliver a compelling value proposition to both our customers and fashion brand partners. Zalando’s shops attract about 160 million visits per month. In the first quarter of 2016, around 62 per cent of traffic came from mobile devices, resulting in 18.4 million active customers by the end of the quarter.

ABOUT TOMMY
With a brand portfolio that includes Tommy Hilfiger and Hilfiger Denim, Tommy Hilfiger is one of the world’s most recognized premium designer lifestyle groups. Its focus is designing and marketing high-quality men’s tailored clothing and sportswear, women’s collection apparel and sportswear, kidswear, denim collections, underwear (including robes, sleepwear and loungewear), footwear and accessories. Through select licensees, Tommy Hilfiger offers complementary lifestyle products such as eyewear, watches, fragrance, athletic apparel (golf and swim), socks, small leather goods, home goods and luggage. The Hilfiger Denim product line consists of jeanswear and footwear for men and women, accessories, and fragrance. Merchandise under the Tommy Hilfiger and Hilfiger Denim brands is available to consumers worldwide through an extensive network of Tommy Hilfiger and Hilfiger Denim retail stores, leading specialty and department stores, select online retailers, and at tommy.com.

ABOUT BREAD&BUTTER BY ZALANDO:

NAME:                            Bread&Butter by Zalando

ABBREVIATION:      B&&B

DESCRIPTOR:            Bread&Butter – a trend show for everyone by Zalando

WHAT:                            Bread&Butter by Zalando is a consumer facing fashion event celebrating what is hot right now in the worlds of fashion and music where brands and consumers meet

WHERE:                        Arena, Eichenstraße 4, 12435 Berlin

WHEN:                           2nd – 4th September 2016

TIME:                              Friday: 4 pm – 12 am, Saturday & Sunday: 1 pm – 12 am

BRANDS:                      Adidas, Converse, Eastpak, Fossil, G-Star, Herschel Supply Co., HUGO, IVYREVEL, Kerbholz, Lee, Levi´s®, Marina Hoermanseder X Hello Kitty, Marni X Zalando, Minimum, mint&berry, Nike, Puma, Rains, Reebok, Selected Femme & Homme, SET, Stance, Tommy Hilfiger, TOPMAN, TOPSHOP, Vans, Won Hundred, Zalando, Zalon, Zign

SHOWS:                         HUGO, IVYREVEL, Puma, Selected Femme & Homme, SET, TOPMAN, TOPSHOP, Zalando

MUSIC ACTS:               Acid Washed (DE), Bass Gang (DE), Delfonic (DE), Hannah Faith (UK), Kero Kero Bonito (UK), Kid Antoine (DK), Linnea (DE), Noah Slee (NZ), Nxxxxxs  (FR), Palmistry (UK), Perera Elsewhere (DE), Uta (DE), Why Be (DK)

FOOD:                              Heißer Hobel, Paletas Eis, Paul Mogg, Sunny Burrito and many more

PRICE:                              15€ per day

BREAD&BUTTER BY ZALANDO CREDITS

INITIATOR: Zalando
VISUAL PARTNER: Craig & Karl
STRATEGY & CONCEPT PARTNER: Kemmler & Kemmler
PRODUCTION PARTNER: Gil und Weingärtner GmbH
PRODUCTION FASHION SHOWS: Untitled Project GmbH

CONTACT BREAD&BUTTER BY ZALANDO
WEB        breadandbutter.com
EMAIL     breadandbutter@zalando.de
PRESS    breadandbutter.com/press

Kontakt Zalando Global

Jolanda Smit
Global Head of Brand Comms and PR
jolanda.smit@zalando.de
+49 176 127 59 223

Source: Zalando

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Zalando 2Q2016: group revenues up to by 24-26% vs 2Q2015

BERLIN, 2016-Jul-20 — /EPR Retail News/ — Zalando SE, Europe’s leading online platform for fashion, grew group revenues in the second quarter of 2016 to EUR 909-924 million or by 24-26% (Q2 2015: 733 million), according to preliminary figures. Zalando expects to achieve an adjusted EBIT of EUR 68-88 million, corresponding to an adjusted EBIT margin of 7.5-9.5% (Q2 2015: EUR 30 million, 4.1%). In the first half of 2016 Zalando achieved revenues of EUR 1,705-1,720 million (H1 2015: EUR 1,377 million), growing by 24-25%. Adjusted EBIT for the first half year 2016 is expected to come in at EUR 88-108 million, a margin of around 5.7% at the mid-point of the range (H1 2015: EUR 59 million, 4.3%).

Rubin Ritter, member of the Management Board, said: “Zalando had a very strong Q2. We delivered on our ambitious growth target and saw our profitability increase substantially. The operating leverage of our business has developed strongly while we continue to push forward with growth investments into our customer proposition and platform initiatives.”

As a result, Zalando reiterates its full year guidance of strong revenue growth at the upper end of the 20-25% growth corridor and increases full-year adjusted EBIT margin guidance to 4.0-5.5%.

All figures reported herein are preliminary and unaudited. Full financial disclosure for the second quarter and first half-year 2016 will be published on August 11, 2016.

ABOUT ZALANDO
Zalando (https://corporate.zalando.com) is Europe’s leading online fashion platform for women, men and children. We offer our customers a one-stop, convenient shopping experience with an extensive selection of fashion articles including shoes, apparel and accessories, with free delivery and returns. Our assortment of over 1,500 international brands ranges from popular global brands, fast fashion and local brands, and is complemented by our private label products. Our localized offering addresses the distinct preferences of our customers in each of the 15 European markets we serve: Austria, Belgium, Denmark, Finland, France, Germany, Italy, Luxembourg, the Netherlands, Norway, Spain, Sweden, Switzerland, Poland and the United Kingdom. Our logistics network with three centrally located fulfillment centers in Germany allows us to efficiently serve our customers throughout Europe. We believe that our integration of fashion, operations and online technology give us the capability to deliver a compelling value proposition to both our customers and fashion brand partners. Zalando’s shops attract over 160 million visits per month. In the first quarter of 2016, around 62 per cent of traffic came from mobile devices, resulting in 18.4 million active customers by the end of the quarter.

CONTACT
René Gribnitz
VP Communications
rene.gribnitz@zalando.de
+49 30-209685002

Source: Zalando

 

 

 

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adidas becomes the first international brand partner to join Zalando’s fashion platform with local stock

BERLIN, 2016-Jun-14 — /EPR Retail News/ — Zalando welcomes adidas as the first international brand partner to join Zalando’s fashion platform with local stock. With its local performance store at Berlin Tauentzienstraße, adidas has made its local stock available via Zalando. For Zalando this strategic partnership means the next step towards the fashion platform’s vision of an integrated commerce that meets the needs of today’s online and mobile savvy customers. For customers it has become more important to have a single point of contact, where they can find all fashion items, no matter where they are. Therefore Zalandos’ long term vision is to establish a network of brands and stores for customers all over Europe if the pilot is proven successful.

David Schneider, co-founder and CEO of Zalando, said: “The new Integrated Commerce pilot with adidas is an important step for us. Today’s customers are online, however, most of the fashion items are still located in local stores. We want to give customers the access to any fashion item anywhere and enable local stores to engage with digital customers in a new way. The pilot with adidas shows how we connect fashion with people and how offline and online will merge together in the future.”

Harm Ohlmeyer, SVP adidas Digital Brand Commerce, commented: “This pilot with Zalando marks another important milestone in the digitalization of the adidas Group. Our goal is to provide our consumers with the best brand experience they can get, no matter where and when they choose to shop. Our consumers want the latest and newest product – and they want it now. Shipping products directly from our adidas stores addresses this need for speed. We are very excited about our pilot with Zalando in Berlin and look forward to implementing learnings in other areas of our business.”

Via Zalando’s app ZipCart, customers in Berlin can now see what is available in the store and easily shop items. Products will directly be delivered from the store same day between 7 and 9pm, if users place an order until 3pm. ZipCart offers products that can be delivered same day in Berlin, coming from Zalando directly, the now integrated adidas store or Bodycheck, an activewear shop in Berlin.

About Zalando
Zalando (https://corporate.zalando.com) is Europe’s leading online fashion platform for women, men and children. We offer our customers a one-stop, convenient shopping experience with an extensive selection of fashion articles including shoes, apparel and accessories, with free delivery and returns. Our assortment of over 1,500 international brands ranges from popular global brands, fast fashion and local brands, and is complemented by our private label products. Our localized offering addresses the distinct preferences of our customers in each of the 15 European markets we serve: Austria, Belgium, Denmark, Finland, France, Germany, Italy, Luxembourg, the Netherlands, Norway, Spain, Sweden, Switzerland, Poland and the United Kingdom. Our logistics network with three centrally located fulfillment centers in Germany allows us to efficiently serve our customers throughout Europe. We believe that our integration of fashion, operations and online technology give us the capability to deliver a compelling value proposition to both our customers and fashion brand partners. Zalando’s shops attract about 160 million visits per month. In the first quarter of 2016, around 62 per cent of traffic came from mobile devices, resulting in 18.4 million active customers by the end of the quarter.

CONTACT ZALANDO
Katharina Heller / Corporate Communications
Katharina.heller@zalando.de
+49 176 1275 9514

 

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Zalando Adidas Paket Shooting

Zalando Adidas Paket Shooting

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Zalando launches Spring/Summer 2016 campaign with Anna Ewers

This is the season that fashion meets sport. Activewear being styled as daily wear is more than just a trend; it’s a lifestyle. With the launch of its global Spring/Summer 2016 campaign,Zalando inspires everyone to play with fashion in a year of sport and to live a more active way of life every day. The campaign, shot by Gordon von Steiner, features one of the most influential models of the moment, Anna Ewers.

BERLIN, 2016-Feb-22 — /EPR Retail News/ — The energetic setup of an internationally known model alongside a group of extraordinary dancers drives energy, fun and action. It presents the many different styles that Zalando has to offer, from fashion to activewear and demonstrates that we are true to sports. Anna Ewers – who was voted model of the year by the industry on models.com – playfully interacts with the extremely talented dancers, Lil Phoenix and iDance Mikey, after activating a play button in the shape of the Zalando logo. With athleisure promising to be such an important trend this year, the Spring/Summer 2016 campaign further establishes Zalando as sports fashion destination.

“We are witnessing a big shift in fashion, with sport weaving itself into fashion. Together with campaign director Gordon von Steiner we tried to capture the fun of fashion meeting sport. The campaign shows active styles that embrace all aspects of daily life, activities and interests. And you can find all of these styles at Zalando,’’ explains Carsten Hendrich, VP Brand Marketing Zalando.

With its encouraging and uplifting message ‘Get your active style for spring’, the Spring/Summer 2016campaign is in line with previous campaigns Are You Ready? And Topshop @ Zalando Campaign Wherever You Are in 2015. All three commercials are directed by Gordon von Steiner and are set in the white abstract box which functions as a metaphor for Zalando’s packaging, offering a wide range of fashion with free shipping and free returns. The campaign will launch on the 21st in the Netherlands and Belgium, followed by all other Zalando markets in the coming weeks. The campaign will be further promoted across global platforms including outdoor, print advertising, as well as a specially designed Zalando box. For further information, please visit Zalando.com.

Notes to Editors

Campaign Credits:
Concept & Art Direction: Zalando
Creative Director: Chang Lin
Film Director: Gordon von Steiner
Music Compositor: Claus Capek, Jan Krouzilek, Stephan Moritz
Styling Julia von Boehm
Production Bakery Films Filmproduktion GmbH
Post Production Slaughter House GmbH

About zalando
Zalando (https://corporate.zalando.com) is Europe’s leading online fashion platform for women, men and children. We offer our customers a one-stop, convenient shopping experience with an extensive selection of fashion articles including shoes, apparel and accessories, with free delivery and returns. Our assortment of over 1,500 international brands ranges from popular global brands, fast fashion and local brands, and is complemented by our private label products. Our localized offering addresses the distinct preferences of our customers in each of the 15 European markets we serve: Austria, Belgium, Denmark, Finland, France, Germany, Italy, Luxembourg, the Netherlands, Norway, Spain, Sweden, Switzerland, Poland and the United Kingdom. Our logistics network with three centrally located fulfillment centers in Germany allows us to efficiently serve our customers throughout Europe. We believe that our integration of fashion, operations and online technology give us the capability to deliver a compelling value proposition to both our customers and fashion brand partners. Zalando’s shops attract over 131 million visits per month. In the third quarter of 2015, around 59 per cent of traffic came from mobile devices, resulting in close to 17.2 million active customers by the end of the quarter.

Contact Zalando
Jolanda Smit
Head of Global PR
jolanda.smit@zalando.de
+49 176 12759223

 

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Talents from left to right: iDance Mikey, Anna Ewers, Lil Phoenix

Talents from left to right: iDance Mikey, Anna Ewers, Lil Phoenix

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Zalando launches revamped fashion store app

  • Zalando has updated their fashion store app to provide customers with an easy, elegant and mobile appropriate shopping experience, putting the customer experience first.
  • The app features new ways to browse through the Zalando assortment, larger model images, provides rich editorial content and makes full use of mobile native technology.
  • The revamped app has launched on both iOS and Android.

BERLIN, 2016-Jan-28 — /EPR Retail News/ — As mobile commerce continues to grow at a rapid pace, there is a great demand for companies to produce high-quality apps. Zalando focuses on being a mobile first company, as it sees 60 percent of current traffic coming through mobile devices. A frictionless, convenient and mobile appropriate customer experience were key drivers for the new app design.

Nuzhat Naweed, Head of Mobile Product and Engineering at Zalando, has been leading the revamp of the fashion store app: “At Zalando, we care about every customer touchpoint. We know mobile requires a unique approach when it comes to customer experience. Customers interact with apps in micro-moments and our new app lends itself beautifully to this.”

She added: “The update focuses around two things; a great shopping experience and quality editorial content showcasing brands and our in-house fashion competence. We want our customers to be inspired and discover all that Zalando has to offer and immerse themselves in the content that has been created solely for the app.”

The Zalando app revamp includes larger fashion imagery to ensure that the customer has the opportunity to fully explore the items they are searching for and new ways to browse quickly through the assortment, including a swipe feature through its catalogue items. The new app experience compliments the mobile site and desktop whilst availing engagement opportunities specific to apps. The app now also includes dedicated mobile-only content such as videos, trending editorial features and scrollable brand lookbooks for a richer experience that extends beyond products.

The fashion store app has been updated on both iOS and Android phones and changes are quickly being rolled out to tablets. The newly designed app is available for customers in all 15 Zalando markets, allowing them to not only shop, but absorb themselves in the new content, whilst on the go. The app has been developed by the in-house Zalando Mobile Team over the last quarter and can be updated / downloaded here.

The Zalando app first launched in 2012 in Germany and was rolled out to the other European markets in 2014. To date there have been over 14 million downloads. With over 1,000 people working in Zalando’s Technology Department, the majority of business processes including logistics, design and payment are carried out by Zalando themselves.

ABOUT ZALANDO
Zalando (https://corporate.zalando.com) is Europe’s leading online fashion platform for women, men and children. We offer our customers a one-stop, convenient shopping experience with an extensive selection of fashion articles including shoes, apparel and accessories, with free delivery and returns. Our assortment of over 1,500 international brands ranges from popular global brands, fast fashion and local brands, and is complemented by our private label products. Our localized offering addresses the distinct preferences of our customers in each of the 15 European markets we serve: Austria, Belgium, Denmark, Finland, France, Germany, Italy, Luxembourg, the Netherlands, Norway, Spain, Sweden, Switzerland, Poland and the United Kingdom. Our logistics network with three centrally located fulfillment centers in Germany allows us to efficiently serve our customers throughout Europe. We believe that our integration of fashion, operations and online technology give us the capability to deliver a compelling value proposition to both our customers and fashion brand partners. Zalando’s shops attract over 131 million visits per month. In the third quarter of 2015, around 59 per cent of traffic came from mobile devices, resulting in close to 17.2 million active customers by the end of the quarter.

CONTACT ZALANDO
Katharina Heller / Corporate Communications
Katharina.heller@zalando.de
+49 176 1275 9514

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Zalando posts 30-31 per cent revenue growth in the fourth quarter of 2015

  • Strong continued growth with Q4 revenues at EUR 865-872 million (30-31 per cent growth)
  • Adjusted EBIT of EUR 61-78 million (7-9 per cent margin), in line with prior management guidance
  • Full year revenues at EUR 2,955-2,962 million, clearly profitable with 3.3-3.9 per cent adjusted EBIT margin

BERLIN, 2016-Jan-21 — /EPR Retail News/ — Zalando SE, Europe’s leading online platform for fashion, grew group revenues in the fourth quarter of 2015 to EUR 865-872 million or by 30-31 per cent (Q4 2014: 666 million), according to preliminary figures. Zalando expects to achieve an adjusted EBIT of EUR 61-78 million, corresponding to an adjusted EBIT margin of 7-9 per cent (Q4 2014: EUR 66 million or 9.9 per cent). All cost lines developed according to internal plan.

Rubin Ritter, member of the Management Board, said: “We have finished the year on a high note. Our strong growth and EBIT margin performance in the fourth quarter, which was in line with our prior guidance, demonstrates the strength of our business even in challenging market conditions.”

In the financial year 2015 Zalando achieved overall group revenues of EUR 2,955-2,962 million and a growth rate of 33.5-33.8 per cent (FY 2014: 2,214 million). The company remains clearly profitable with an adjusted EBIT of EUR 96-114 million, or an adjusted margin of around 3.3-3.9 per cent (FY 2014: 81.9 million, 3.7 per cent). Zalando thereby confirms full year results within its guided target corridor of 33-35 per cent revenue growth and an adjusted EBIT margin of 3-4 per cent.

“2015 has been a fantastic year for us. In our first year as a public company, we have significantly accelerated growth, made important long-term investments and remained clearly profitable. We will continue on this path,” Rubin Ritter said.

All figures reported herein are preliminary and unaudited. Full financial disclosure for the fourth quarter and financial year 2015, together with the management guidance for the financial year 2016, will be published on March 1, 2016.

ABOUT ZALANDO
Zalando (https://corporate.zalando.com) is Europe’s leading online fashion platform for women, men and children. We offer our customers a one-stop, convenient shopping experience with an extensive selection of fashion articles including shoes, apparel and accessories, with free delivery and returns. Our assortment of over 1,500 international brands ranges from popular global brands, fast fashion and local brands, and is complemented by our private label products. Our localized offering addresses the distinct preferences of our customers in each of the 15 European markets we serve: Austria, Belgium, Denmark, Finland, France, Germany, Italy, Luxembourg, the Netherlands, Norway, Spain, Sweden, Switzerland, Poland and the United Kingdom. Our logistics network with three centrally located fulfillment centers in Germany allows us to efficiently serve our customers throughout Europe. We believe that our integration of fashion, operations and online technology give us the capability to deliver a compelling value proposition to both our customers and fashion brand partners. Zalando’s shops attract over 131 million visits per month. In the third quarter of 2015, around 59 per cent of traffic came from mobile devices, resulting in close to 17.2 million active customers by the end of the quarter.

CONTACT ZALANDO
René Gribnitz
Vice President Communications
rene.gribnitz@zalando.de
+49 30 20968 2022

 

SOURCE: ZALANDO

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Zalando partners with logistics service provider Fiege to open its first international satellite fulfillment center in Italy

From left to right: Giuseppe Tamola (Country Manager Zalando Italy), Alberto Birolini (Business Development Manager & Board Member Fiege Italy) and Christoph Stark (Vice President Logistics Zalando).

From left to right: Giuseppe Tamola (Country Manager Zalando Italy), Alberto Birolini (Business Development Manager & Board Member Fiege Italy) and Christoph Stark (Vice President Logistics Zalando).

 

STRADELLA, ITALY, 2015-12-18 — /EPR Retail News/ — Zalando, Europe’s leading online platform for fashion, is today announcing the opening of its first international satellite fulfillment center. The company has partnered with logistics service provider Fiege, which will operate the 20,000 square meter facility located in Stradella (Pavia, Italy). This pilot will allow Zalando to serve local customers in Italy even faster and to quickly answer the increasing demand for e-commerce in the Italian market.

The fulfillment center is currently ramping up and storing of the assortment has already started. The first test deliveries will be sent out as early as January 2016. In the facility, Zalando will store a selection of items that will cover the majority of Italian orders. The project represents the first pilot of an international footprint of the Zalando logistics network, which until now included three fulfillment centers in Germany and a fourth currently being developed in the south of Germany.

“The investment in the international expansion of our logistics network gives us the possibility to evaluate the benefit of being even closer to our customers. Together with the services implemented over the past year – direct injection from our German fulfillment center into Paris, same day delivery tests into several German cities and the simplified return process, to name a few – this pilot shows the commitment of Zalando to continuously improve the satisfaction of our customers”, said Christoph Stark, Vice President Logistics at Zalando.

NOTES TO EDITORS

ABOUT ZALANDO
Zalando (https://corporate.zalando.com) is Europe’s leading online fashion platform for women, men and children. We offer our customers a one-stop, convenient shopping experience with an extensive selection of fashion articles including shoes, apparel and accessories, with free delivery and returns. Our assortment of over 1,500 international brands ranges from popular global brands, fast fashion and local brands, and is complemented by our private label products. Our localized offering addresses the distinct preferences of our customers in each of the 15 European markets we serve: Austria, Belgium, Denmark, Finland, France, Germany, Italy, Luxembourg, the Netherlands, Norway, Spain, Sweden, Switzerland, Poland and the United Kingdom. Our logistics network with three centrally located fulfillment centers in Germany allows us to efficiently serve our customers throughout Europe. We believe that our integration of fashion, operations and online technology give us the capability to deliver a compelling value proposition to both our customers and fashion brand partners. Zalando’s shops attract over 131 million visits per month. In the third quarter of 2015, around 59 per cent of traffic came from mobile devices, resulting in close to 17.2 million active customers by the end of the quarter.

CONTACT ZALANDO
Katharina Heller | Corporate Communications
katharina.heller@zalando.de
+49 (0)176 12759514

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Zalando to open its office campus in the Berlin district Friedrichshain/ Kreuzberg in 2018

  • Zalando is planning the extension of its existing office space to a campus in the Berlin district Friedrichshain/ Kreuzberg with around 100,000 square meters
  • Core will be a seven-story building designed by the architectural firm Henn
  • The official groundbreaking ceremony for Zalando’s new headquarters will follow in Q2 2016

BERLIN, 2015-11-18 — /EPR Retail News/ — Zalando, Europe’s leading online fashion platform, is planning to open its office campus in the Berlin district Friedrichshain/ Kreuzberg in 2018. The campus, in the heart of Berlin, will have space for around 5,000 Zalando employees. The core architectural piece of the project will be a seven-story building, constructed by Münchner Grund Immobilien Bauträger GmbH, on the Anschutz site in Berlin-Friedrichshain, where Zalando will rent 42,000 square meters of office space of. The groundbreaking ceremony for the new company headquarters will follow in the second quarter of 2016. The office space will be available from 2018 and will cover a total of around 100,000 square meters.

Zalando will extend its campus from its current headquarters at Tamara-Danz-Straße up to its photo production site, located nearby in the former Postbahnhof. Recently, an additional 3,500 square meters were rented in the “Arena Boulevard” on the future campus site. To be included is also rental space in the office building “M_Eins” with 13,000 square meters of office space in construction (to be completed in 2017). Mid-2016 more office and photo production rental areas will also be based in the Zeughofstraße. The campus site is expected to be completed in 2018. In total almost 100,000 square meters will be available to the Zalando teams.

“We are very happy about the growth of Zalando and the associated creation of new jobs. As one of the largest private employers in Berlin, our objective is to give our employees in Berlin a work environment that allows for creativity while also bringing our employees closer together.” says Rubin Ritter, Member of the Board of Zalando.

The new office complex, with its two buildings of 29,000 and 13,000 square meters, respectively, is designed by the architectural firm Henn Office, winner of the tender process. The building concept reflects Berlin’s flair as a creative and innovative capital, which perfectly fits Zalando.

The construction will be managed by Münchner Grund Immobilien Bauträger GmbH, which already took care of the construction of the current headquarters at Tamara-Danz-Straße. In addition, Zalando was supported by Freshfield Bruckhaus Deringer LLP.

Link to the Campus-Video

Cornelia Yzer, Senator for Economy, Technology and R&D: “Zalando is not only Europe’s hottest-selling fashion e-commerce and a growth-oriented technology company. But, it is also one of the biggest employers in Berlin and a key pillar of the capital’s economy. With this campus project, the Berlin company is clearly setting the course for further growth and the creation of more jobs. A clear recognition for Europe’s number one location.”

“From a start-up to a technology company – Zalando has become the poster child for a modern Berlin success story. The company is now laying the foundation for the next chapter on this historical site. Innovative and growing companies such as Zalando are the ones shaping Berlin’s international appeal” says Dr. Stefan Franzke, Spokesperson of the Management of Berlin Partner for Economy and Technology.

Martin Henn, Partner & Design Director Henn: “We envision the new Zalando Campus as an integral part of the city. The architecture creates a stage for a diverse „cast“and a variable use of the building. The central vertical market place will make the company and its different identities tangible – it will foster exchanges beyond individual territories. ”

“Dynamic, future oriented and towards urbanity,” this is how Christian Berger, CEO of Münchner Grund Immobilien Bauträger GmbH, describes the location of the new Zalando-Headquarters. “We are looking forward to contributing with Zalando to the further development and vitalization of the Anschutz area. Now more than ever we are convinced of this specific site after having completed the HOTEL+OFFICE CAMPUS and Arena Boulevard projects. The optimal infrastructure connection, as well as the mix of accommodation, office and businesses will shape the area and create a unique neighborhood.”

Michael Kötter, Vice President Real Estate and Development Anschutz Entertainment Group Development GmbH (AEG): “We are happy that Zalando shares with us this vision of a vibrant city district and is giving us the opportunity to make it together a reality. Zalando’s decision to create an open campus around the future Mercedes-Platz will give an additional boost to this whole expansion.”

ABOUT ZALANDO
Zalando (https://corporate.zalando.com) is Europe’s leading online fashion platform for women, men and children. We offer our customers a one-stop, convenient shopping experience with an extensive selection of fashion articles including shoes, apparel and accessories, with free delivery and returns. Our assortment of over 1,500 international brands ranges from popular global brands, fast fashion and local brands, and is complemented by our private label products. Our localized offering addresses the distinct preferences of our customers in each of the 15 European markets we serve: Austria, Belgium, Denmark, Finland, France, Germany, Italy, Luxembourg, the Netherlands, Norway, Spain, Sweden, Switzerland, Poland and the United Kingdom. Our logistics network with three centrally located fulfillment centers in Germany allows us to efficiently serve our customers throughout Europe. We believe that our integration of fashion, operations and online technology give us the capability to deliver a compelling value proposition to both our customers and fashion brand partners.

Zalando’s shops attract over 131 million visits per month. In the third quarter of 2015, around 59 per cent of traffic came from mobile devices, resulting in close to 17.2 million active customers by the end of the quarter.


CONTACT ZALANDO
Nadine Przybilski
nadine.przybilski@zalando.de
+49 (0) 30 209 68 5002

SOURCE: ZALANDO

###

Zalando to open its office campus in the Berlin district Friedrichshain/ Kreuzberg in 2018

Zalando to open its office campus in the Berlin district Friedrichshain/ Kreuzberg in 2018

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Zalando to reach close to EUR 3 billion in revenue for the full 2015 and will have around 10,000 employees by year-end

  • Third quarter revenue up 42.2 per cent to EUR 713.1 million
  • Nine month revenue up 34.9 per cent to EUR 2.1 billion, almost reaching full-year 2014 revenue level; on track towards 33-35 per cent revenue growth in 2015
  • Profitable with nine-month adjusted EBIT at EUR 35.7 million or 1.7 per cent margin; margin impacted by ongoing strategic growth investments

BERLIN, 2015-11-12 — /EPR Retail News/ — Zalando SE, Europe’s leading online platform for fashion, has significantly grown market share in the third quarter and almost reached full year 2014 revenue levels after only nine months of 2015. On its guided growth trajectory, Zalando will reach close to EUR 3 billion in revenue for the full year 2015 and will have around 10,000 employees by year-end.

Group revenue in the third quarter 2015 grew by 42.2 per cent to EUR 713.1 million, adding more than EUR 200 million in incremental revenue compared to the prior year period (Q3 2014: EUR 501.4 million). Zalando’s focus on the customer remained the key driver of growth, with customer satisfaction hitting an all-time high in the third quarter. Zalando introduced additional brands to extend the depth of its product range and further improved customer convenience, for example through faster delivery and easier returns. The evolving mobile offering plus successful brand building campaigns also helped to increase customer engagement.

Rubin Ritter, co-CEO of Zalando, said: “Our accelerated growth is driven by very strong customer metrics, so we are clearly making the right investments. We are confident that we will deliver a unique combination of fast growth and clear profitability for the full year, which is also the right path for us going forward.”

Continued tech hiring and associated platform initiatives, plus the expansion of the fulfillment network will support Zalando’s growth trajectory going forward. Initial work around its new fulfillment center in Lahr and the full build-out of its facility in Mönchengladbach have started and are on track.

Strong customer KPIs drive revenue growth

The number of active customers grew further to a total of 17.2 million (Q3 2014: 14.1 million) in the third quarter, or by 800,000 additional active customers compared to the second quarter of 2015. Zalando registered 394 million site visits in the third quarter of 2015 (Q3 2014: 322 million visits), with 58.8 per cent of visits coming from mobile devices (Q3 2014: 43.3 per cent). The Zalando app was downloaded in total around 14 million times by the end of the third quarter of 2015. Headcount rose further from 9,079 at the end of the second quarter to 9,444 at the end of the third quarter.

Fast growth coupled with profitability in the first nine months

Group revenue grew in the third quarter of 2015 to EUR 713.1 million (Q3 2014: EUR 501.4 million), putting total revenue for the first nine months of 2015 at EUR 2.1 billion (9M 2014: EUR 1.5 billion). In the DACH segment, revenue grew by 34.4 per cent to EUR 371.2 million in the third quarter to represent nine month revenue of EUR 1.1 billion (9M 2014: EUR 870.5 million). In the Rest of Europe segment, revenue grew by 52.1 per cent to EUR 300.8 million in the third quarter, putting nine month revenue at EUR 851.1 million (9M 2014: EUR 597.1 million). In the Other segment, revenue grew by 50.3 per cent in the third quarter to EUR 41.1 million to put nine month revenue at EUR 109.2 million (9M 2014: EUR 80.9 million).

The adjusted EBIT for the first nine months of 2015 increased by EUR 19.5 million to EUR 35.7 million, corresponding to an adjusted EBIT margin of 1.7 per cent (9M 2014: EUR 16.2 million, 1.0 per cent). For the seasonally weaker third quarter, in contrast, the adjusted EBIT decreased to EUR -23.5 million (Q3 2014: EUR 3.8 million). Gross margin remained at third quarter 2014 level, but fulfillment and marketing costs were higher: Fulfillment costs were impacted to secure a first-class customer experience even with fast-growing volumes and rose due to continued investments into the customer proposition and technology as well as lower than expected debt collection rates related to fraud cases in the first half of 2015. Marketing costs increased due to a fall/winter season switch in September 2015, compared with a late switch in October 2014, as well as strategic marketing investments into app downloads.

In the first nine months of 2015, adjusted EBIT in the DACH region was at EUR 44.0 million, representing a margin of 3.9 per cent (9M 2014: EUR 38.2 million, 4.4 per cent). Adjusted EBIT in the Rest of Europe segment was at EUR -15.1 million or a margin of -1.8 per cent (9M 2014: EUR -27.8 million, -4.6 per cent). The Other segment recorded an adjusted EBIT of EUR 6.8 million or a margin of 6.3 per cent (9M 2014: EUR 5.8 million, 7.1 per cent).

Zalando’s third-quarter report is available online, details can also be found in the earnings presentation. Zalando will report figures for the fourth quarter and full year 2015 on March 1, 2016 and publish a trading update prior to that. The publication date of the trading update will be announced on the Zalando Investor Relations website in advance.

Zalando group – Revenue and adjusted EBIT (EUR million)

zalando_2015_q3_revenue-ebit

 

Zalando group – Key performance indicators

zalando_2015_q3_kpi

ABOUT ZALANDO
Zalando (https://corporate.zalando.com) is Europe’s leading online fashion platform for women, men and children. We offer our customers a one-stop, convenient shopping experience with an extensive selection of fashion articles including shoes, apparel and accessories, with free delivery and returns. Our assortment of over 1,500 international brands ranges from popular global brands, fast fashion and local brands, and is complemented by our private label products. Our localized offering addresses the distinct preferences of our customers in each of the 15 European markets we serve: Austria, Belgium, Denmark, Finland, France, Germany, Italy, Luxembourg, the Netherlands, Norway, Spain, Sweden, Switzerland, Poland and the United Kingdom. Our logistics network with three centrally located fulfillment centers in Germany allows us to efficiently serve our customers throughout Europe. We believe that our integration of fashion, operations and online technology give us the capability to deliver a compelling value proposition to both our customers and fashion brand partners.

Zalando’s shops attract over 131 million visits per month. In the third quarter of 2015, around 59 per cent of traffic came from mobile devices, resulting in close to 17.2 million active customers by the end of the quarter.

CONTACT ZALANDO
Boris Radke ⁄  Head of Corporate Communications
boris.radke@zalando.de
+49 30 20968 1038

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Zalando launches Brand Diaries – a video series featuring Polo Ralph Lauren, TOPSHOP and Levi’s®

BERLIN, 2015-10-28 — /EPR Retail News/ — Zalando launches Brand Diaries: three brands, three ambassadors and three stories. Following in the footsteps of the Share Your Style campaign, where influencers such as Lucky Blue Smith and Caroline de Maigret shared their style insights, Zalando launches Brand Diaries – a video series featuring Polo Ralph Lauren, TOPSHOP and Levi’s®. Europe’s biggest online platform for fashion invited key representatives of these three iconic fashion brands to talk about their style in the context of a different city: New York, London and San Francisco.

To portrait Polo Ralph Lauren, the American heritage brand selected international men’s influencer Adam Gallagher. Exclusively for the Brand Diaries, Adam talks about his career, style evolution as well as the influence New York has on his lifestyle. Working out in Washington Square Park, admiring the Flatiron building or getting a quick coffee at Ralph’s Café are just a few of the things that contribute to Adam’s style. His modern gentleman and dapper looks, in photoshoots taken next to iconic NYC landmarks, accentuate the current Polo Ralph Lauren collection for men.

TOPSHOP Global Design Director, Jacqui Markham, reveals how London and British style  inspires the brand’s collections, what her exciting job entails, whose style she admires and how she’d describe her own personal style. In her closing words Jacqui says: “fashion should not be serious. It is about having fun, just experiment”.

On the other side of the Atlantic, Jonathan Cheung – Senior Vice President Design Levi’s – shares his favourite spots in San Francisco, the world’s denim capital. Straight cut, boot cut or flares – Jonathan explains us what is trending this season and how Northern California is part of the brand´s DNA. The Levi´s® Brand has invented jeans for men over 150 years ago, and also brought the first ever jeans for women to the world 80 years ago.  This Autumn´s Levi’s collection is paying homage to California’s “Lost Coast”, a wild and secluded part of the Northern California area.

Brand Diaries will launch on the 21st October 2015 in Germany, Switzerland, France, Belgium, Luxembourg, the Netherlands, Sweden, Denmark, Norway and Finland. On zalando.com’s #shareyourstyle hub customers will find a range of inspirational digital and mobile-friendly content.

#shareyourstyle

Notes to Editors

CAMPAIGN CREDITS
BRAND DIARIES
Concept: Zalando
Art direction: Zalando

POLO RALPH LAUREN
Videographer: Cycy Sanders
Photographer: Nick Pierce / GALLA

TOPSHOP
Video/Photographer: Alick Cotterill

LEVI’S
Video/Photographer: Matthew Justus

 

About Zalando
Zalando (https://corporate.zalando.com) is Europe’s leading online fashion platform for women, men and children. We offer our customers a one-stop, convenient shopping experience with an extensive selection of fashion articles including shoes, apparel and accessories, with free delivery and returns. Our assortment of over 1,500 international brands ranges from popular global brands, fast fashion and local brands, and is complemented by our private label products. Our localized offering addresses the distinct preferences of our customers in each of the 15 European markets we serve: Austria, Belgium, Denmark, Finland, France, Germany, Italy, Luxembourg, the Netherlands, Norway, Spain, Sweden, Switzerland, Poland and the United Kingdom. Our logistics network with three centrally located fulfillment centers in Germany allows us to efficiently serve our customers throughout Europe. We believe that our integration of fashion, operations and online technology give us the capability to deliver a compelling value proposition to both our customers and fashion brand partners. Zalando’s shops attract over 135 million visits per month. In the second quarter of 2015, around 57 percent of traffic came from mobile devices, resulting in close to 16.4 million active customers by the end of the quarter.

 

Contact Zalando

Jolanda Smit
Head of Global PR
jolanda.smit@zalando.de
+49 176 12759223

SOURCE: Zalando

###

Zalando launches Brand Diaries - a video series featuring Polo Ralph Lauren, TOPSHOP and Levi's®

From left to right: Adam Gallagher (Polo Ralph Lauren), Jacqui Markham (TOPSHOP), Jonathan Cheung (Levi´s®)

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Zalando will start construction of its fourth self-operating logistics center in Germany

  • Construction planned to start in October 2015, test operations will begin in autumn 2016
  • Zalando to create up to 1,000 new jobs
  • Focus on markets in South Germany, Switzerland and France

BERLIN, 2015-9-18 — /EPR Retail News/ — Zalando, the leading online platform for fashion in Europe, will start construction of its fourth self-operating logistics center in Germany this October. The company will partner with Goodman, the developer, investor and manager of the site, to build a property of 130,000 square meters. This will allow Zalando to serve customers in Southern Germany, Switzerland and France even faster, and to meet the further increasing demand for ecommerce. Test operations for the new site are planned for as early as autumn 2016. Zalando plans to create about 1,000 jobs at the site located in the Upper Rhine region.

“Customers are in the core of our work and we invest in numerous measures to further drive their satisfaction. Zalando Logistics plays a central role as one of our main competencies in our future development,” said David Schröder, Senior Vice President Operations at Zalando SE.

Lahr was chosen over a range of other German locations in the search process. “Our decision is based on a reliable cooperation with the state of Baden-Württemberg, the municipal development company IGZ and the city of Lahr. Likewise, Lahr’s strong geographical location and infrastructure strongly influenced our decision,” Schröder added.

Dr. Wolfgang Müller, Mayor of Lahr, added: “I am excited to announce this next step by Zalando and the decision to come to Lahr. It highlights how attractive the airport area and the location Lahr is in overall for new investors.”

As with the first two self-operated logistics centers in Erfurt and Mönchengladbach, Zalando will collaborate with logistics property group Goodman on the development of the new site in Lahr. Jordan Corynen, Regional Director DACH at Goodman, said: “This development in Lahr will enable the successful continuation of our collaboration with Zalando. This time the new property will not be built on a greenfield site, but will see the conversion of a 185,000 square meter former military site. We have now developed more than one million square meters of logistics space for online trading in Germany.”

Details regarding the building and recruiting process will be presented in the coming months. More information about Zalando logistics can be found here: https://corporate.zalando.com/en/our-responsibility-p#fc-433.

Zalando logistics at a glance

Zalando operates its own logistics centers in:
Brieselang since 2011, 25.000 m²,  existing real estate
Erfurt since 2012, 125.000 m²,  developed by Goodman
Mönchengladbach since 2013, 125.000 m²,  developed by Goodman
Lahr from autumn 2016, 130.000 m²,  developed by Goodman
Zalando currently employs over 5,000 people in its logistics centers.
Since the end of 2014, Zalando dispatches every delivery through its self-operated logistics centers.

ABOUT ZALANDO
Zalando (https://corporate.zalando.com) is Europe’s leading online fashion platform for women, men and children. We offer our customers a one-stop, convenient shopping experience with an extensive selection of fashion articles, including shoes, apparel and accessories, with free delivery and returns. Our assortment of over 1,500 international brands ranges from popular global brands, fast fashion and local brands, and is complemented by our private label products. Our localized offering addresses the distinct preferences of our customers in each of the 15 European markets we serve: Austria, Belgium, Denmark, Finland, France, Germany, Italy, Luxembourg, the Netherlands, Norway, Spain, Sweden, Switzerland, Poland and the United Kingdom. Our logistics network with three centrally located fulfillment centers in Germany allows us to efficiently serve our customers throughout Europe. We believe that our integration of fashion, operations and online technology gives us the capability to deliver a compelling value proposition
to both our customers and fashion brand partners.

Zalando’s shops attract over 135 million visits per month. In the second quarter of 2015, around 57 percent of traffic came from mobile devices, resulting in close to 16.4 million active customers by the end of the quarter.

CONTACT:
Matteo Bovio
Corporate Communications
matteo.bovio@zalando.it
+49 30 200 088 512

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Zalando among the first fashion e-tailers to accept Apple Pay in the UK

  • Zalando among first Apple Pay partners in Europe
  • Free usage of 60 minutes courier returns collections service
  • New partnerships with UK brands to strengthen the local offering
  • Improved customer experience: Faster delivery, easier returns and Customer Care chat function

BERLIN, 2015-9-3 — /EPR Retail News/ — Just in time for the online retailer’s 4th birthday, Zalando.co.uk has surprised its customers with a range of new features and services. Zalando is among the first fashion e-tailers to accept Apple Pay in the UK, which is transforming mobile payments with an easy, secure and private way to pay. The service is now available for Zalando app users with an iPhone 6, iPhone 6 Plus, iPad Air 2 or iPad mini 3. As creating a convenient shopping experience is Zalando’s main focus, Apple Pay is a useful addition to the e-tailer’s payment offer, consisting of twenty different payment options in fifteen different markets.

With the launch of My Returns, the returns process for Zalando customers becomes even more convenient: They can now return their Zalando order using the My Returns ‘On Demand’ 60 minute courier collection service the same day or the next day among a selected one-hour time slot. During the trial period, which is taking place in London until October 18th, Zalando customers can use My Returns for free.

Furthermore, the fashion e-tailer has been working on broadening its assortment, focusing on a local approach. “In addition to our wide range of UK brands that are in high demand internationally, we included local champions such as Whistles, Miss Selfridge, Dorothy Perkins, Wallis, and many more just recently”, states Dalbir Bains, VP Womenswear at Zalando. “We always strive for improving the shopping experience and creating the most relevant offer for our customers. Also, for the coming months we will further focus on building-up the brand assortment for our UK customers.”

In terms of a company-wide customer experience initiative, Zalando has also improved its services with new features such as a Customer Care chat function: Customers who are logged in to their account can place their questions live to Customer Care agents and get an answer straight away. Surveys show that almost all customer requests could be answered during the first point of contact without additional email or phone calls; customer satisfaction with this new function was 95 percent. Additionally customers in the UK will receive their parcels even faster in the future. After a number of improvements to transportation and logistics processes, Europe’s largest online fashion platform now delivers parcels in a time period of 2-4 days among the UK, instead of 3-6 days as before. To make the returns process as easy and convenient as possible, all customers now have the return label in the parcel and no longer need to print it out themselves. Thanks to this, returning an item bought on Zalando now takes less than one minute.

“We identified that 5 out of 10 customer satisfaction drivers are related to convenience. Our main goal is to create a best in class shopping experience when it comes to convenience. With our current improvements in terms of payment, delivery, customer service, returns and assortment we have made an important step in this direction”, says Dalbir Bains.

NOTES TO EDITORS

ABOUT ZALANDO
Zalando (https://corporate.zalando.com) is Europe’s leading online fashion platform for women, men and children. We offer our customers a one-stop, convenient shopping experience with an extensive selection of fashion articles including shoes, apparel and accessories, with free delivery and returns. Our assortment of over 1,500 international brands ranges from popular global brands, fast fashion and local brands, and is complemented by our private label products. Our localized offering addresses the distinct preferences of our customers in each of the 15 European markets we serve: Austria, Belgium, Denmark, Finland, France, Germany, Italy, Luxembourg, the Netherlands, Norway, Spain, Sweden, Switzerland, Poland and the United Kingdom. Our logistics network with three centrally located fulfillment centers in Germany allows us to efficiently serve our customers throughout Europe. We believe that our integration of fashion, operations and online technology give us the capability to deliver a compelling value proposition to both our customers and fashion brand partners. Zalando’s shops attract over 135 million visits per month. In the second quarter of 2015, around 57 percent of traffic came from mobile devices, resulting in close to 16.4 million active customers by the end of the quarter.

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PHOTO

Dalbir Bains VP Womenswear Zalando

Dalbir Bains VP Womenswear Zalando

 

MEDIA

Katharina Heller
Katharina.heller@zalando.de
+49 176 127 595 14

SOURCE: Zalando

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E-tailer Zalando opened its new technology hub in Helsinki, Finland

  • Zalando has opened up its second technology hub outside of Germany with plans to create up to 200 jobs over the next few years
  • Local team will focus on customer-facing products such as new fashion apps
  • Expansion of the Tech Team in Dublin is on track, focusing on strong expertise in data science
  • Growth of the Tech Team in Berlin is still a major driver for Zalando’s goal to employ more than 2,000 engineers

BERLIN, Germany, 2015-9-1 — /EPR Retail News/ — Zalando SE, Europe’s leading online fashion platform, continues to expand its technology operations internationally. Yesterday, the e-tailer opened up its new technology hub in Helsinki during a launch event in the office space and welcomed the local team to the company.

Zalando aims to boost its fashion platform and increase offers to connect customers and brands. The new office in Helsinki will play a key role in this strategy by focusing on the development of innovative customer-facing products such as fashion apps. “The mobile trend continues to disrupt fashion e-commerce and is quickly moving away from simply shopping online. Mobile visits to our shop have already exceeded desktop visits, amounting to 57% in the second quarter of 2015. We are therefore heavily investing in our mobile capabilities”, says Philipp Erler, SVP Technology, Zalando. “Thanks to its strategic location, strong universities and a firmly established mobile sector, Helsinki provides the best possible environment for our new international tech hub. Furthermore, we want to become an established part of the Finnish tech community and partner up with local start-ups in the future.”

Zalando plans to create up to 200 jobs in Helsinki over the next few years. The e-tailer is actively recruiting full-stack and mobile developers, user experience specialists, data scientists, and product owners from across the industry, as well as academia to work on consumer-facing mobile apps. The on-site team will already amount to more than ten people by the end of September.

The office in Helsinki constitutes Zalando’s second technology hub outside of Germany following the opening of the Fashion Insights Centre in Dublin earlier this year. The focus of operations in Ireland is deep data science and engineering research, involving R&D around how to build a real-time insight platform around fashion. The e-tailer’s on-site team will increase to more than 20 employees over the coming weeks. Zalando aims to create around 50 jobs in the first year of its operations in Dublin, seeing potential for several hundred long-term jobs in the future.

Overall, Zalando’s Tech Team has grown to a total headcount of more than 800 employees across all locations, increasing from around 500 employees at the beginning of last year. Approximately 750 members of Zalando Technology are located at the company’s headquarters in Berlin. “We’re highly benefiting from the ongoing technology boom in Berlin. Our location at the heart of the European tech scene still is our main driver for the large-scale recruitment of top technologists”, says Philipp Erler. “We aim to employ more than 2,000 engineers by the end of 2016. In order to quickly and flexibly implement new ideas and innovations at a time of such major growth, we shifted the responsibility for decision-making from management to tech experts and successfully introduced the Radical Agility approach to our team in the early spring. By working on the four basic principles of purpose, autonomy, mastery and trust, we focus on the rapid deployment of a highly professional infrastructure providing the technical foundation for our fashion platform.”

Zalando Technology at a glance

 

  • Zalando’s Tech Team is located in Berlin (HQ), Dortmund, Erfurt and Mönchengladbach, Germany; Dublin, Ireland; Helsinki, Finland
  • More than 800 employees of over 50 different nationalities
  • Over 70 developer teams across all office locations
  • Zalando platform mostly built in-house, using open source and cutting-edge technologies such as React, Scala, Python, Cassandra, Clojure, AWS, and Docker
  • Five key principles of building systems: API First, REST, SaaS, cloud, and microservices

 
ABOUT ZALANDO
Zalando (https://corporate.zalando.com) is Europe’s leading online fashion platform for women, men and children. We offer our customers a one-stop, convenient shopping experience with an extensive selection of fashion articles including shoes, apparel and accessories, with free delivery and returns. Our assortment of over 1,500 international brands ranges from popular global brands, fast fashion and local brands, and is complemented by our private label products. Our localized offering addresses the distinct preferences of our customers in each of the 15 European markets we serve: Austria, Belgium, Denmark, Finland, France, Germany, Italy, Luxembourg, the Netherlands, Norway, Spain, Sweden, Switzerland, Poland and the United Kingdom. Our logistics network with three centrally located fulfillment centers in Germany allows us to efficiently serve our customers throughout Europe. We believe that our integration of fashion, operations and online technology give us the capability to deliver a compelling value proposition to both our customers and fashion brand partners.

Zalando’s shops attract over 135 million visits per month. In the second quarter of 2015, around 57 per cent of traffic came from mobile devices, resulting in close to 16.4 million active customers by the end of the quarter.

CONTACT

KATHARINA HELLER
Corporate Communications
katharina.heller@zalando.de
+49 176 1275 9514

 

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E-tailer Zalando opened its new technology hub in Helsinki, Finland

E-tailer Zalando opened its new technology hub in Helsinki, Finland

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ONLY in collaboration with Zalando to launch comprehensive shoe collection this August

SOON ONLY CUSTOMERS WILL BE ABLE TO COMPLETE THEIR LOOK WITH A PAIR OF SHOES WHEN SHOPPING WITH ONLY. THE NEW COLLECTION IS ESTABLISHED IN CLOSE COLLABORATION WITH ZALANDO. 

Brande, Denmark, 2015-6-25 — /EPR Retail News/ — As of August 2015, ONLY launches a comprehensive shoe collection including a variety of sporty, trendy, denim and party looks. This is reflected in the collection that contains boots, sneakers, heels, lace shoes and slippers in both leather look and real leather.

Collaboration with Zalando
The collection is established in close collaboration with Zalando presenting a range of 20 styles in different colours at an expected price level ranging from EUR 39.95 – 119.95. For future seasons the collection will be extended with more categories inspired by the latest trends.

ONLY shoes are launched in selected ONLY stores, at ONLY.com and at Zalando.com. Initially, the focus will be on the German market, with the objective to establish commercial partnerships with shoe retailers and expand within the existing distribution network. To ensure an efficient distribution, ONLY’s digital B2B sales platform will play a key role.

In the commercial co-development ONLY and Zalando are leveraging market insights, product know-how and design skills to provide a competitive ‘value for money’ offering.

“We are delighted to contribute with Zalando’s online fashion and product insight to this cooperation with our close brand partner ONLY. Together we will create a unique collection with a focus on feminine strength, self-confidence and latest trends,” says Claudia Reth, VP Fashion Director Zalando.

Senior Manager, New Business Development at ONLY Michael Fynboe adds: “We believe that moving towards closer partnerships and digital advancement will drive our business forward. Shoes will be the first category to prove this new way of operating. This will change how we work, putting more emphasis on product development and partnership commitment.”

More information:
Michael Fynboe, Senior Manager, New Business Development, ONLY
Phone: +45 25514306
ONLY.com

 

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ONLY in collaboration with Zalando to launch comprehensive shoe collection this August

ONLY in collaboration with Zalando to launch comprehensive shoe collection this August

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Gap opens its own dedicated online shop within Zalando

New ecommerce channel will help reach new audiences and support Gap’s global growth strategy

New York/Berlin, 2014-11-26 — /EPR Retail News/ — Gap brand and Zalando, Europe’s largest online fashion web site, have today announced a partnership that will see Gap open its own dedicated online shop within Zalando. The American retailer will offer a broad assortment of clothing and accessories for Gap Women, Gap Men, GapKids and babyGap, bringing the brand to a broader European customer base beginning Summer 2015.

“This partnership represents Gap’s first foray into multi-brand retailing in Europe.  Also for the first time, Gap’s collections will be styled alongside other brands available on Zalando, providing customers with new looks to combine American and European casual style,” said Stefan Laban, SVP International for Gap.  “Zalando is the most trafficked ecommerce fashion site in Europe with more than 100 million visits to the site per month. This partnership is a strategic step that will see us continue to grow our brand presence in these markets.”

Gap has had a long history in Europe having launched the first Gap Inc.-operated international store in the UK in 1987.  Since then, Gap has continued to grow its presence throughout the continent with 190 company-operated stores and 33 franchise locations.  The Zalando partnership will complement Gap’s own brand online presence that currently ships to 24 countries.

“We are constantly working to ensure that we are offering our around 14 million active customers new and relevant brands from around the world.  Gap is one of the most loved brands in the US and extends our assortment,” said David Schneider, Member of Zalando’s Management Board. “Fashion lets us express our personalities, allows us to be creative and to celebrate our style, Gap embodies this and so does Zalando,” added Claudia Reth, Fashion Director at Zalando. “We encourage our customers to combine different brands and styles so they can put together their own perfect outfit.”

Forward-Looking Statements
This press release contains forward-looking statements within the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. All statements other than those that are purely historical are forward-looking statements. Words such as “expect,” “anticipate,” “believe,” “estimate,” “intend,” “plan,” “project,” and similar expressions also identify forward-looking statements. Forward-looking statements include statements regarding the following:

  • opening of dedicated Gap brand online shop within Zalando in 2015; and
  • growing Gap brand presence in European markets.

Because these forward-looking statements involve risks and uncertainties, there are important factors that could cause the company’s actual results to differ materially from those in the forward-looking statements. These factors include, without limitation, the following:

  • the risk that changes in global economic conditions or consumer spending patterns could adversely impact our results of operations;
  • the highly competitive nature of our business in the United States and internationally;
  • the risk that we will be unsuccessful in gauging apparel trends and changing consumer preferences;
  • the risks associated with importing merchandise from foreign countries, including failure of our vendors to adhere to our Code of Vendor Conduct, could have a negative impact on our reputation or operations;
  • the risk that we are subject to data or other security breaches that may result in increased costs, violations of law, significant legal and financial exposure, and a loss of confidence in our security measures, which could have an adverse effect on our results of operations and our reputation;
  • the risk that natural disasters, public health crises, political crises, or other catastrophic events could adversely affect our operations and financial results, or those of our vendors;
  • the risk that changes in the regulatory or administrative landscape could adversely affect our financial condition, strategies, and results of operations; and
  • the risk that we will not be successful in defending various proceedings, lawsuits, disputes, claims, and audits.

Additional information regarding factors that could cause results to differ can be found in the company’s Annual Report on Form 10-K for the fiscal year ended February 1, 2014, as well as the company’s subsequent filings with the Securities and Exchange Commission.

These forward-looking statements are based on information as of November 24, 2014. The company assumes no obligation to publicly update or revise its forward-looking statements even if experience or future changes make it clear that any projected results expressed or implied therein will not be realized.

About Gap
Gap is a global apparel and accessories brand focused on delivering casual, American style. The brand offers classic iconic clothing that helps customers express their individuality through its Gap, GapKids, babyGap, GapMaternity and GapBody collections. With an optimistic point of view and belief that everyone can make their creative mark in the world, Gap embodies what it means to be bright. Founded in San Francisco in 1969 by Donald G. Fisher and Doris F. Fisher, the brand has grown from one store to over 1,700 company-operated and franchise retail locations around the world. Gap is the namesake brand for leading global specialty retailer, Gap Inc. (NYSE: GPS) which includes Gap, Banana Republic, Old Navy, Piperlime, Athleta, and Intermix. For more information, please visit www.gapinc.com.

About Zalando
Zalando (https://corporate.zalando.com) is a leading pure-play online fashion destination in Europe for women, men and children. We offer our customers a one-stop, convenient shopping experience with an extensive selection of fashion articles including shoes, apparel and accessories, with free delivery and returns. Our assortment of over 1,500 international brands ranges from popular global brands, fast fashion and local brands, and is complemented by our private label products. Our localized offering addresses the distinct preferences of our customers in each of the 15 European markets we serve: Austria, Belgium, Denmark, Finland, France, Germany, Italy, Luxembourg, the Netherlands, Norway, Spain, Sweden, Switzerland, Poland and the United Kingdom. Our logistics network with three centrally located fulfillment centers in Germany allows us to efficiently serve our customers throughout Europe. We believe that our integration of fashion, operations and online technology give us the capability to deliver a compelling value proposition to both our customers and fashion brand partners.

Zalando’s websites attract more than 100 million visits per month with over 40% coming from mobile devices as at 30 June 2014, resulting in more than 13.7 million active customers. After six years of operations, our business has grown to €2.0 billion in revenue for the twelve-month period ended June 30, 2014.