Zalando cuts 2023 sales forecast as demand stays weak
Inside Retail
NOVEMBER 2, 2023
The Germany, Austria, and Switzerland region, which accounts for nearly half of Zalando’s sales, was the worst-performing, with revenue down 5.6 The company’s market value has dropped over the past two years as shoppers, freed from pandemic restrictions, returned to stores and ordered fewer clothes online. per cent from 39.1
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