Proximity and Efficiency: Central Europe Becomes a Hub for Bike Production
The bicycle and e-bike industry is undergoing a transformative shift in 2025, with Central Europe (C
moreXtreme Fitness Gyms Targets Dominance in Eastern European Fitness Market
Polish fitness franchise Xtreme Fitness Gyms is making waves in the fitness industry, celebrating th
moreAdidas Expands Presence in Switzerland with Zurich Branch
Adidas, the global sporting goods powerhouse, is strengthening its foothold in Central Europe (CE) b
morePolish Brand 4F Becomes Official Technical Supplier for National Volleyball Teams
Polish sportswear brand 4F has announced a landmark partnership, becoming the official technical sup
moreFriction Labs Joins Crag Sport Portfolio: A New Business Partner for Climbers in Central Europe
Krakow-based Crag Sport, a recognized expert in business development in Central Europe (CE), has exp
more
"Business
Partner search for the Sports industry in Central Europe"
You are here » Home Page
» CE Sports Business News
» Zalando aims for 1st year of profits
Zalando aims for 1st year of profits
2014-11-29 source ownGerman Sports and Fashion group, Zalando aims for 1st year of profits .Depending upon its 3rd quarter results, Zalando is eyeing its first profitable year since it was founded. The Berlin-based sports, fashion and shoe retailer improved sales by 24.2 % over the previous year’s period to €501 million. Turnover outside German-speaking nations soared by 39.9 % to €198 million.
For the first time ever in a third quarter, Zalando was profitable with a profit margin ( Ebit ) of 0.8 percent compared with -12.4 % last year. Free cash flow was €80 million. The retailer, which went public on Oct. 1 points out the good results are as a result of continuous cost efficiency combined with powerful sales growth.
Partner Search Marketplace
Expert Partner Search
