Latest news with #ZEOS
Fashion Network
6 days ago
- Business
- Fashion Network
Zalando's Q2 GMV and revenue rise, e-tailer ups guidance after About You buy
That was helped by continued investment in customer experience and it expects this week's launch of its AI-driven discovery feed that it says will 'deliver even more personalised inspiration and boost organic customer engagement' to help it further in Q3. B2C growth in the second quarter was also supported by strong progress in its two other growth pillars, which are 'differentiation through quality and lifestyle expansion'. Its upgraded loyalty programme reached more than 10 million customers at the end of the quarter as it rolled out to more markets. It also delivered 'over proportional growth' in its Lounge, Designer, and Beauty propositions, 'making progress on building out more areas that address more lifestyle needs of customers, thus enabling Zalando to capture a higher share of customers' wallets'. Meanwhile Business-to-Business (B2B) maintained 'strong momentum, driven by double-digit growth in ZEOS Fulfilment'. The launch of a new Shopify application that connects Shopify merchants directly to the ZEOS platform was also key. B2B revenues increased 12.2% to €262 million. Adjusted EBIT was €11 million, with the margin increasing by 1.3 percentage points to 4.3%. And there's plenty of potential for this to rise. UK retailer Next is now leveraging Zalando's fulfilment infrastructure for its largest mainland Europe market, Germany, after already using ZFS for the majority of its Zalando-based business. In the second half, it will expand the collaboration to include its own webshop and additional European marketplace business. Finally, following the About You acquisition in July, the company has issued its first full-year 2025 guidance for the combined group. It expects annual GMV of €17.2 billion-€17.6 billion, revenue of €12.1 billion-€12.4 billion, and adjusted EBIT of €550 million-€600 million. Forecast GMV volumes up by 12%-15% will be a big step forward from the previously expected range of 4%-9%.
Fashion Network
6 days ago
- Business
- Fashion Network
Zalando's Q2 GMV and revenue rise, e-tailer ups guidance after About You buy
That was helped by continued investment in customer experience and it expects this week's launch of its AI-driven discovery feed that it says will 'deliver even more personalised inspiration and boost organic customer engagement' to help it further in Q3. B2C growth in the second quarter was also supported by strong progress in its two other growth pillars, which are 'differentiation through quality and lifestyle expansion'. Its upgraded loyalty programme reached more than 10 million customers at the end of the quarter as it rolled out to more markets. It also delivered 'over proportional growth' in its Lounge, Designer, and Beauty propositions, 'making progress on building out more areas that address more lifestyle needs of customers, thus enabling Zalando to capture a higher share of customers' wallets'. Meanwhile Business-to-Business (B2B) maintained 'strong momentum, driven by double-digit growth in ZEOS Fulfilment'. The launch of a new Shopify application that connects Shopify merchants directly to the ZEOS platform was also key. B2B revenues increased 12.2% to €262 million. Adjusted EBIT was €11 million, with the margin increasing by 1.3 percentage points to 4.3%. And there's plenty of potential for this to rise. UK retailer Next is now leveraging Zalando's fulfilment infrastructure for its largest mainland Europe market, Germany, after already using ZFS for the majority of its Zalando-based business. In the second half, it will expand the collaboration to include its own webshop and additional European marketplace business. Finally, following the About You acquisition in July, the company has issued its first full-year 2025 guidance for the combined group. It expects annual GMV of €17.2 billion-€17.6 billion, revenue of €12.1 billion-€12.4 billion, and adjusted EBIT of €550 million-€600 million. Forecast GMV volumes up by 12%-15% will be a big step forward from the previously expected range of 4%-9%.
Fashion Network
6 days ago
- Business
- Fashion Network
Zalando's Q2 GMV and revenue rise, e-tailer ups guidance after About You buy
That was helped by continued investment in customer experience and it expects this week's launch of its AI-driven discovery feed that it says will 'deliver even more personalised inspiration and boost organic customer engagement' to help it further in Q3. B2C growth in the second quarter was also supported by strong progress in its two other growth pillars, which are 'differentiation through quality and lifestyle expansion'. Its upgraded loyalty programme reached more than 10 million customers at the end of the quarter as it rolled out to more markets. It also delivered 'over proportional growth' in its Lounge, Designer, and Beauty propositions, 'making progress on building out more areas that address more lifestyle needs of customers, thus enabling Zalando to capture a higher share of customers' wallets'. Meanwhile Business-to-Business (B2B) maintained 'strong momentum, driven by double-digit growth in ZEOS Fulfilment'. The launch of a new Shopify application that connects Shopify merchants directly to the ZEOS platform was also key. B2B revenues increased 12.2% to €262 million. Adjusted EBIT was €11 million, with the margin increasing by 1.3 percentage points to 4.3%. And there's plenty of potential for this to rise. UK retailer Next is now leveraging Zalando's fulfilment infrastructure for its largest mainland Europe market, Germany, after already using ZFS for the majority of its Zalando-based business. In the second half, it will expand the collaboration to include its own webshop and additional European marketplace business. Finally, following the About You acquisition in July, the company has issued its first full-year 2025 guidance for the combined group. It expects annual GMV of €17.2 billion-€17.6 billion, revenue of €12.1 billion-€12.4 billion, and adjusted EBIT of €550 million-€600 million. Forecast GMV volumes up by 12%-15% will be a big step forward from the previously expected range of 4%-9%.
Fashion Network
7 days ago
- Business
- Fashion Network
Zalando's Q2 GMV and revenue rise, e-tailer ups guidance after About You buy
That was helped by continued investment in customer experience and it expects this week's launch of its AI-driven discovery feed that it says will 'deliver even more personalised inspiration and boost organic customer engagement' to help it further in Q3. B2C growth in the second quarter was also supported by strong progress in its two other growth pillars, which are 'differentiation through quality and lifestyle expansion'. Its upgraded loyalty programme reached more than 10 million customers at the end of the quarter as it rolled out to more markets. It also delivered 'over proportional growth' in its Lounge, Designer, and Beauty propositions, 'making progress on building out more areas that address more lifestyle needs of customers, thus enabling Zalando to capture a higher share of customers' wallets'. Meanwhile Business-to-Business (B2B) maintained 'strong momentum, driven by double-digit growth in ZEOS Fulfilment'. The launch of a new Shopify application that connects Shopify merchants directly to the ZEOS platform was also key. B2B revenues increased 12.2% to €262 million. Adjusted EBIT was €11 million, with the margin increasing by 1.3 percentage points to 4.3%. And there's plenty of potential for this to rise. UK retailer Next is now leveraging Zalando's fulfilment infrastructure for its largest mainland Europe market, Germany, after already using ZFS for the majority of its Zalando-based business. In the second half, it will expand the collaboration to include its own webshop and additional European marketplace business. Finally, following the About You acquisition in July, the company has issued its first full-year 2025 guidance for the combined group. It expects annual GMV of €17.2 billion-€17.6 billion, revenue of €12.1 billion-€12.4 billion, and adjusted EBIT of €550 million-€600 million. Forecast GMV volumes up by 12%-15% will be a big step forward from the previously expected range of 4%-9%.
Yahoo
08-05-2025
- Business
- Yahoo
Zalando delivers strong Q1 2025 with revenue and GMV surge
German online fashion retailer Zalando has reported a 7.9% revenue increase to €2.42bn ($2.74bn) in the first quarter (Q1) of 2025 (FY25), from €2.24bn during the same period of the previous year. The company's business-to-business segment saw revenue rise to 11.6%, largely attributable to its ZEOS fulfilment services. Zalando's gross merchandise volume (GMV) followed suit with a 6.5% climb to €3.49bn. Its adjusted earnings before interest and taxes (EBIT) reached €46.7m, meeting market expectations and showing a substantial rise from the previous year's €28.3m. This financial performance led to an uptick in profit margin by 0.7 percentage points year-on-year, reaching 1.9%. Zalando's net income for the quarter was €9.9m, bouncing back from a net loss of €8.9m in the corresponding quarter of the previous year. The achieved a record high with 52.4 million active customers in Q1 FY25 and 58.5 million orders with an average basket size valued at €61.1. Zalando co-CEO David Schroeder stated: 'Our ecosystem strategy is progressing well, and customers and partners are embracing our expanding offerings. "Growth in B2C accelerated due to a successful end-of-season sale, a promising start to the spring/summer season supported by the continued roll-out of our updated loyalty programme Zalando Plus and a new high of active customers. In B2B, we are delighted to see a continuation of our double-digit growth trajectory as we are working to advance our ZEOS offering with a particular focus on logistics and software solutions this year." Despite the current volatile geopolitical and economic environment, Zalando maintained its full-year forecast for 2025, expecting both GMV and revenue to grow by 4% to 9% compared to the previous year, with adjusted EBIT anticipated between €530m and €590m. These projections do not take into account possible effects from the proposed acquisition of Hamburg-based ABOUT YOU. "Zalando delivers strong Q1 2025 with revenue and GMV surge" was originally created and published by Retail Insight Network, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
