Zalando’s Outlook for 2021 Revenue Growth Well Above Market Expectations

The German online fashion retailer said on Monday its revenue expectations for 2021 were significantly above market projections, following a strong start to the year.

Gross merchandise volume (GMV) – or sales made on its site by itself or by its partners – would likely increase 27 percent – 32 percent to between €13.6 billion ($16.22 billion) and €14.1 billion in 2021.

GMV growth was around 50 percent in the first quarter, marking an “an extraordinarily strong start to the year,” the company said.

By Ludwig Burger. Edited by Jane Merriman.

Credit: Source link


Please enter your comment!
Please enter your name here




11 of the Best Yoga Mats 2021 for At-Home Workouts

You don't have to be a die-hard yogi to get great use out of a yoga mat — and while many of us...

Found this great article about influencer marketing! submitted by /u/avery_bella Credit: Source link

Aaron Rodgers & Shailene Woodley’s Marriage Plans: Details – Hollywood Life

Shailene Woodley ‘brings out the best’ in Aaron Rodgers, a source tells HollywoodLife EXCLUSIVELY. Our insider also teased a marriage timeline after their...

Capitol Policeman Eugene Goodman Promoted, Escorts VP Kamala Harris

Capitol police officer Eugene Goodman received a promotion for his efforts during the Capitol storm, escorting Kamala Harris to be sworn in as...

Others Should Be Doing Prison Time – Hollywood Life

Bob Saget says he ‘loves’ former ‘Fuller House’ co-star Lori Loughlin and that he’d like to see other people doing time after she...