Zalando Accelerates Platform Transition on the Back of Exceptional Growth

  • H1 2020 GMV growth at 25.1 percent, revenue growth at 19.6 percent
  • H1 2020 Adjusted EBIT of 113.3 million euros
  • Q2 GMV growth at 33 percent, revenue growth at 27.4 percent
  • 180 new brands signed to partner program in Q2

BERLIN, AUGUST 11, 2020 // Zalando SE, Europe’s leading online platform for fashion and lifestyle, has significantly expanded its customer base in the first half of 2020. On the way to becoming the Starting Point for Fashion, Zalando now serves more than 34 million active customers across Europe (20.4 percent growth year-over-year). Despite a challenging trading environment in March, the company grew strongly and profitably between January and June. Gross Merchandise Volume (GMV) grew by 25.1 percent to 4.72 billion euros (H1 2019: 3.77 billion euros) and revenue grew by 19.6 percent to 3.56 billion euros (H1 2019: 2.98 billion euros). In the same period, Zalando achieved an adjusted EBIT of 113.3 million euros at a margin of 3.2 percent (H1 2019: 108.1 million euros; 3.6 percent).

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