Latest news with #ZalandoPlus
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.
Fibre2Fashion
06-05-2025
- Business
- Fibre2Fashion
Germany's Zalando's Q1 revenue tops $2.58 bn, GMV hits $3.76 bn
Insights Zalando has reported €2.4 billion (~$2.58 billion) revenue in Q1 2025, up 7.9 per cent YoY, driven by growth in both B2C and B2B segments. Active customers rose to 52.4 million, with GMV reaching €3.5 billion (~$3.76 billion). The company highlighted gains from its loyalty programme and ZEOS B2B platform and reaffirmed its 2025 guidance despite economic uncertainty. Berlin-based online retailer Zalando has recorded revenue of €2.4 billion (~$2.58 billion) in the first quarter (Q1) of 2025, up 7.9 per cent year-over-year (YoY). The growth reflects improved profitability and progress in its strategy to become a leading pan-European fashion and lifestyle e-commerce platform, focusing on both business-to-consumer (B2C) and business-to-business (B2B) segments. Zalando's number of active customers over the last 12 months grew to 52.4 million, up from 49.5 million in Q1 2024. Total orders increased to 58.5 million from 55.2 million YoY. The average number of orders per active customer remained unchanged at 4.9, while the average basket size rose slightly to €61.1 from €60.4. The net income for the company turned positive at €9.9 million, recovering from a loss of €8.9. The group's gross merchandise volume (GMV) in Q1 grew by 6.5 per cent YoY to €3.5 billion (~$3.76 billion), while B2C revenue rose to €2.2 billion, and B2B revenue reached €240 million. The adjusted group EBIT climbed to €46.7 million, with the margin improving to 1.9 per cent. B2C adjusted EBIT grew to €41.0 million, and B2B EBIT was €5.8 million. Zalando has reported €2.4 billion (~$2.58 billion) revenue in Q1 2025, up 7.9 per cent YoY, driven by growth in both B2C and B2B segments. Active customers rose to 52.4 million, with GMV reaching €3.5 billion (~$3.76 billion). The company highlighted gains from its loyalty programme and ZEOS B2B platform and reaffirmed its 2025 guidance despite economic uncertainty. In the B2B segment, Zalando's revenue growth was driven by its strategy of opening logistics infrastructure, software, and service capabilities through the ZEOS operating system. By enabling brands' and retailers' e-commerce transactions both on and off its platform, the company positioned itself as a key enabler of digital retail operations. Margin stability reflected operational efficiency in delivering these services. The company's B2C segment continued to show strong momentum, driven by its focus on loyalty, lifestyle, and personalisation. The company enhanced its differentiation by positioning itself as a lifestyle destination, offering tailored inspiration and entertainment. This strategy supported growth in active customers and improved profitability. The expanded rollout of the Zalando Plus loyalty programme, now active in 13 markets, aims to deepen customer engagement and boost order frequency. Early results indicate strong potential to increase customer lifetime value, Zalando said in a press statement. For full-year 2025, Zalando expects both GMV and revenue to grow between 4 to 9 per cent compared to 2024, with adjusted EBIT projected to range between €530 million and €590 million despite ongoing geopolitical and macro-economic uncertainty. This forecast excludes any potential impact from the planned acquisition of Hamburg-based About You. '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 program Zalando Plus and a new high of active customers,' said David Schroeder, co-chief executive officer (CEO) at Zalando. '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.' Fibre2Fashion News Desk (SG) Disclaimer - All News/Articles items are subject to copyright and no article either in full or part may be reproduced in any form without permission from Fibre2Fashion Pvt. Ltd. Disclaimer - All News/Articles items are subject to copyright and no article either in full or part may be reproduced in any form without permission from Fibre2Fashion Pvt. Ltd.
Fashion Network
06-05-2025
- Business
- Fashion Network
Zalando hails strong Q1, despite tough economic backdrop
Zalando 's Q1 results on Tuesday showed the Germany-based international fashion e-tailer continuing to achieve strong sales and profit figures. The first three months of the year saw gross merchandise volume (GMV) rising 6.5%, revenue up a stronger 7.9%, adjusted earnings before interest and tax (adjusted EBIT) jumping by €18.4 million and margins up too. It added that Business-to-Consumer growth was driven by a 'new high of 52.4 million active customers, successful end-of-season sales, and a promising start to the spring/summer season'. Meanwhile Business-to-Business revenue was up 11.6%, 'driven by ZEOS fulfilment'. The company also confirmed its full-year guidance and said it will continue to invest in future growth opportunities. 'Our ecosystem strategy is progressing well, and customers and partners are embracing our expanding offerings,' said co-CEO David Schroeder. Looking at the details of the report, revenue grew to €2.4 billion, also supported by a strong performance in Zalando Marketing Services. GMV increased to €3.5 billion. Adjusted EBIT rose to €46.7 million in line with market expectations, compared with €28.3 million a year earlier. Within B2C, where Zalando has been turning itself into a lifestyle destination while offering customers more personalised inspiration and entertainment, revenues rose by 7.6%, with profitability improving by 0.7pp to 1.9%. The increase in the number of active customers saw it adding 2.9 million year-on-year, reaching a new high. As mentioned, loyalty programme Zalando Plus was key here with its continued expansion to make it live in 13 markets seeing over 15% of customers already enrolled. Zalando's 'ultimate ambition is to serve the majority of customers with this programme and to increase their average order frequency and hence their share of wallet through the programme. Early data from first markets indicates promising progress towards this goal'. It also saw double-digit growth in its Lounge by Zalando, Sports, Designer, and Beauty propositions, as it 'continues to elevate these lifestyle categories through richer assortments, curated content, and seamless customer experiences'. Other initiatives during the quarter that gave shoppers more of a reason to visit Zalando included its partnership with Diane von Furstenberg (DVF), which made Zalando DVF's exclusive retail partner for Europe, and it launching LVMH -owned brand Marc Jacobs on its platform. It has also rolled out its 'boards', which enable users to create curated boards dedicated to a specific topic or lifestyle theme, to all markets as 'part of its strategy to offer customers inspiring and entertaining experiences'. More than a million customers have already interacted with the new experience. The next step will be to allow users to create, share, and engage with curated and user-generated boards, fostering inspiration and discovery across the platform. All this resulted in that aforementioned active customer number rising to 52.4 million from 49.5 million while the number of orders increased to 58.5 million from 55.2 million. Average orders per customer over the past 12 months were stable at 4.9 but average basket size increased to €61.1 from €60.4. In B2B, Zalando is opening up its logistics infrastructure, software, and service capabilities 'to be a key enabler for brands' and retailers' e-commerce transactions with its ZEOS operating system, regardless of whether they take place on or off its platform'. That strategy seemed to pay off with revenue growing 11.6% to €240 million and adjusted EBIT up to €5.8 million from €5.4 million, with a stable margin of 2.4%. As in previous quarters, B2B's growth was driven by ZEOS Fulfilment, which includes Zalando Fulfilment Solutions (ZFS) and multi-channel fulfilment. Other highlights of Q1 included Zalando's first successful partner launch on TikTok Shop Germany being completed after Zalando was selected as TikTok Shop's preferred logistics partner for fashion and lifestyle merchants in that country, as well as in France, and Italy. As mentioned at the start, the company confirmed its full-year guidance for 2025, 'despite a fast-changing geopolitical and macro-economic environment'. It expects both GMV and revenue to grow between 4% and 9% and adjusted EBIT to reach between €530 million and €590 million, excluding the effects from the planned acquisition of About You.
Fashion Network
06-05-2025
- Business
- Fashion Network
Zalando hails strong Q1, despite tough economic backdrop
Zalando 's Q1 results on Tuesday showed the Germany-based international fashion e-tailer continuing to achieve strong sales and profit figures. The first three months of the year saw gross merchandise volume (GMV) rising 6.5%, revenue up a stronger 7.9%, adjusted earnings before interest and tax (adjusted EBIT) jumping by €18.4 million and margins up too. It added that Business-to-Consumer growth was driven by a 'new high of 52.4 million active customers, successful end-of-season sales, and a promising start to the spring/summer season'. Meanwhile Business-to-Business revenue was up 11.6%, 'driven by ZEOS fulfilment'. The company also confirmed its full-year guidance and said it will continue to invest in future growth opportunities. 'Our ecosystem strategy is progressing well, and customers and partners are embracing our expanding offerings,' said co-CEO David Schroeder. Looking at the details of the report, revenue grew to €2.4 billion, also supported by a strong performance in Zalando Marketing Services. GMV increased to €3.5 billion. Adjusted EBIT rose to €46.7 million in line with market expectations, compared with €28.3 million a year earlier. Within B2C, where Zalando has been turning itself into a lifestyle destination while offering customers more personalised inspiration and entertainment, revenues rose by 7.6%, with profitability improving by 0.7pp to 1.9%. The increase in the number of active customers saw it adding 2.9 million year-on-year, reaching a new high. As mentioned, loyalty programme Zalando Plus was key here with its continued expansion to make it live in 13 markets seeing over 15% of customers already enrolled. Zalando's 'ultimate ambition is to serve the majority of customers with this programme and to increase their average order frequency and hence their share of wallet through the programme. Early data from first markets indicates promising progress towards this goal'. It also saw double-digit growth in its Lounge by Zalando, Sports, Designer, and Beauty propositions, as it 'continues to elevate these lifestyle categories through richer assortments, curated content, and seamless customer experiences'. Other initiatives during the quarter that gave shoppers more of a reason to visit Zalando included its partnership with Diane von Furstenberg (DVF), which made Zalando DVF's exclusive retail partner for Europe, and it launching LVMH -owned brand Marc Jacobs on its platform. It has also rolled out its 'boards', which enable users to create curated boards dedicated to a specific topic or lifestyle theme, to all markets as 'part of its strategy to offer customers inspiring and entertaining experiences'. More than a million customers have already interacted with the new experience. The next step will be to allow users to create, share, and engage with curated and user-generated boards, fostering inspiration and discovery across the platform. All this resulted in that aforementioned active customer number rising to 52.4 million from 49.5 million while the number of orders increased to 58.5 million from 55.2 million. Average orders per customer over the past 12 months were stable at 4.9 but average basket size increased to €61.1 from €60.4. In B2B, Zalando is opening up its logistics infrastructure, software, and service capabilities 'to be a key enabler for brands' and retailers' e-commerce transactions with its ZEOS operating system, regardless of whether they take place on or off its platform'. That strategy seemed to pay off with revenue growing 11.6% to €240 million and adjusted EBIT up to €5.8 million from €5.4 million, with a stable margin of 2.4%. As in previous quarters, B2B's growth was driven by ZEOS Fulfilment, which includes Zalando Fulfilment Solutions (ZFS) and multi-channel fulfilment. Other highlights of Q1 included Zalando's first successful partner launch on TikTok Shop Germany being completed after Zalando was selected as TikTok Shop's preferred logistics partner for fashion and lifestyle merchants in that country, as well as in France, and Italy. As mentioned at the start, the company confirmed its full-year guidance for 2025, 'despite a fast-changing geopolitical and macro-economic environment'. It expects both GMV and revenue to grow between 4% and 9% and adjusted EBIT to reach between €530 million and €590 million, excluding the effects from the planned acquisition of About You.
Yahoo
06-05-2025
- Business
- Yahoo
Zalando Grows Sales and Users in Q1, Named TikTok Shop's Logistics Partner in Key Markets
PARIS – Zalando's ecosystem strategy is paying off with a strong first quarter, rebounding from losses in 2024. In the three months to March 31, revenue at the German online shopping giant grew 7.9 percent to 2.4 billion euros. More from WWD Phoebe Gates and Sophia Kianni Launch Shopping Tool Phia to Answer Top Consumer Question: 'Should I Buy This?' Leopard Print Jeans, Faux Fur Coat, and Black Knee-High Boots Among Top Sellers in U.K., According to Shein Faherty Expands 'Second Wave' Resale Program With Mail-in Option 'Our ecosystem strategy is progressing well, and customers and partners are embracing our expanding offerings,' said co-chief executive officer David Schroeder. It has boosted sales, with consumer revenue hitting 2.18 billion euros in the quarter, up from 2.02 billion year-over-year. Consumer sales were driven by bargains at the end of the season, and the company added 2.9 million active users for an all-time high of 52.4 million customers in the quarter. Gross merchandise volume (GMV) was up 6.5 percent to 3.5 billion euros. The company launched a strategy to expand its offerings and move into lifestyle categories one year ago, including adding entertainment into its site to drive engagement and inspiration beyond the simple search-click-buy. That strategy included adding Pinterest-like curated boards, a functionality that has attracted more than 1 million users since it was rolled out to all markets. Zalando will continue to build out this function with users able to create their own boards and interact with other user-generated content to drive engagement. It's also working on creating its own content and livestream shopping channels to further keep shoppers in its ecosystem for entertainment purposes. For example, Gentz said, since the launch of lifestyle-related 'Stories' in 2023, Zalando has told 500 stories, utilizing 700 brands and 7,000 products. That kind of content has an impact on sales. Other key drivers have been the continued expansion of its loyalty program Zalando Plus, now available in 13 markets including Germany, Italy, Spain, France and the Netherlands. Fifteen percent of its users in those markets have already enrolled. Zalando has sought out more upscale partnerships as well. Moves have included becoming the exclusive retail partner for Diane von Furstenberg in Europe, which was backed by a huge marketing campaign touting the platform's fashion credentials, as well as adding Marc Jacobs to its mix in the quarter. The company said it logged 'double-digit growth' in the designer category. The average basket bumped up to 61.1 euros per order, from 60.4 euros in the same period last year, with 58.5 million orders – 3.3 million more year-over-year. Zalando said it sees no signs of slowing down, despite choppy economic waters, with sales in the second quarter off to a 'promising start.' Behind the scenes, logistics and fulfilment arm ZEOS has continued to grow its reach. The company scored big when it was selected as TikTok Shop's preferred logistics partner for fashion and lifestyle in Germany, France and Italy. The first rollout was completed for Germany in the first quarter, as the company expands into social commerce support. Revenue in that category was up 11.6 percent in the first quarter to 240 million euros. '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,' Schroeder added. The company said it wouldd continue to roll out its platform to new markets such as Portugal, Greece and Bulgaria and sees a positive outlook 'despite the fast-changing geopolitical and macroeconomic environment.' Zalando confirmed its full-year guidance, anticipating revenue to ramp up between 4 and 9 percent over 2024, with adjusted EBIT at 530 million to 590 million euros. Best of WWD Harvey Nichols Sees Sales Dip, Losses Widen in Year Marred by Closures Nike Logs $1.3 Billion Profit, But Supply Chain Issues Persist Zegna Shares Start Trading on New York Stock Exchange
