Zalando SE (ZAL.MU)
| Previous close | 24.68 |
| Open | 24.70 |
| Bid | 24.64 x 0 |
| Ask | 24.65 x 0 |
| Day's range | 24.70 - 24.70 |
| 52-week range | 16.27 - 31.53 |
| Volume | |
| Avg. volume | 199 |
| Market cap | N/A |
| Beta (5Y monthly) | N/A |
| PE ratio (TTM) | N/A |
| EPS (TTM) | N/A |
| Earnings date | 06 Aug 2024 |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | N/A |
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ReutersZalando sees sportswear opportunity in Euros and Olympics
While Zalando's overall customer numbers fell in the first quarter, Chief Financial Officer Sandra Dembeck said the number of shoppers and the spend per person both grew in sportswear. Along with beauty and children's wear, sports was the strongest segment for Zalando, which reported its multi-brand marketplace returned to growth on Tuesday.
ReutersOnline retailer Zalando returns to growth thanks to premium brands
(Reuters) -Online fashion marketplace Zalando returned to growth in the first quarter after three consecutive declines in gross merchandise volume, as bets on more premium brands and its business servicing other retailers paid off. While fast-fashion retailer Shein is a threat to Zalando's revenues and customer numbers, Chief Financial Officer Sandra Dembeck said the company does not want to compete on price, instead trying to differentiate itself with a range of higher-priced brands such as On Running, which it recently added. "We do not want to compete in the ultra fast fashion, ultra low price point segment," Dembeck said in a press conference.
