Zalando reports outstanding customer growth in second quarter of 2019

  • Strongest ever Q2 active customer growth, fastest site visit growth since 2013

  • Profitable growth continued: GMV up 23.7% to EUR 2.0 billion, adjusted EBIT of EUR 102 million

  • Zalando raises profit outlook to the upper half of the EUR 175-225 million adjusted EBIT range

  • GMV growth expected in the 20-25% range, revenue growth around the lower end of the range

BERLIN, AUGUST 1, 2019 // Zalando SE has successfully grown its business in the second quarter of 2019. The number of active customers grew significantly by 3.7 million (15.2%) year-over-year to 28.3 million across Zalando’s 17 European markets. In the same period, site visits went up 34.3% to 986.4 million, 84% of which came through mobile devices, resulting in a record number of orders (36.1 million).

Chief Financial Officer David Schröder says: “More customers than ever before have chosen Zalando as their starting point for fashion. This proves that our continuous efforts to deliver a best in class fashion experience pay off.”

[Read the full press release]