Zalando Increases Net Sales to 437 Million EUR in Q2/2013
Zalando Increases Net Sales to 437 Million EUR in Q2/2013
BERLIN, OCTOBER 23, 2013 // Zalando further strengthens its market position in both, Germany and Europe. During the second quarter of 2013 (Q2/2013) Europe’s leading online shop for fashion and shoes increased its net sales to 437 million EUR. Compared to 257 million EUR net sales in the second quarter of 2012, Zalando’s revenues have grown by more than 70 per cent. Thereby, the e-commerce company continues its positive development in all launched markets and builds up sustainable structures on a solid financial basis.
For the first half year of 2013, Zalando reported net sales at the amount of 809 million EUR. This implies more than 70 percent growth in comparison to the first half year of 2012 with net sales of 471 million EUR. Drivers for this year’s growth include the continued progress in the company’s established markets as well as the addition of four new markets since the first half of 2012.
Zalando also continues to invest in its operational excellence in key areas including infrastructure to further strengthen the long-term development of the company. The online retailer recently launched the test phase for its third self-operated fulfilment center in Mönchengladbach, Germany. In addition, Zalando opened two new office sites in Berlin this year, which are housing its fashion, technology and operations teams.
ABOUT ZALANDO
Zalando is Europe’s leading online retailer for shoes and fashion. Working with over 1,500 international brands, Zalando offers an extensive selection of products for women, men and children, ranging from popular high street brands to much sought-after designer labels. Exclusive accessories and sportswear add to Zalando’s wide range of products. A combination of unique services – free delivery and returns, a free service helpline and an extended day returns policy – make online shopping at Zalando a convenient and secure online experience. The company was founded by Robert Gentz and David Schneider in 2008 and its headquarters are located in Berlin. Following its success in Germany, Zalando launched in Austria in 2009 and the Netherlands and France followed in 2010. In 2011 Zalando expanded into Italy, the UK and Switzerland. Since 2012 Zalando has also been available in Sweden, Belgium, Spain, Denmark, Finland, Poland, and Norway. Deliveries were extended to Luxembourg in 2013.