Zalando | Latest News & Updates - Nov 14, 2024 Release
Zalando's stock has rebounded to around 27 euros from its yearly low of 16 euros, driven by strong B2C growth and a new customer loyalty program...
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Zalando
🌎 zalando.deZalando is a leading German online retailer specializing in shoes, fashion, and beauty products. Established in 2008, it has grown into a prominent e-commerce platform serving customers across 25 European countries, offering a wide assortment of products from over 1,900 brands. The company is known for its commitment to customer satisfaction, providing free delivery and returns on most orders.
Zalando - Latest News and Updates
- Zalando's stock has rebounded to around 27 euros from its yearly low of 16 euros, driven by strong B2C growth and a new customer loyalty program.
- Zalando has expanded its strategic partnership with Adyen to enhance seamless payment experiences across 15 European markets, making Adyen the exclusive partner for certain local payment methods.
- Zalando has launched over 500 adaptive styles since 2022, including collections like Adaptive Sports and Adaptive Kids, to enhance inclusivity for people with disabilities.
- On November 6, 2024, Zalando launched a customizable 3D avatar for its virtual fitting room, enhancing online shopping personalization with body measurement technology.
- Zalando launched new adaptive sports and children's clothing collections to promote inclusivity in the fashion industry, as announced by Anne Vibe Hansen, Senior Manager Corporate Communications Nordics at Zalando SE, on November 6, 2024.
- Zalando announced it will replace its paid Plus membership with a free, points-based loyalty program to enhance customer retention.
- Zalando's Q3 2024 revenue increased to €2.4bn with a significant rise in adjusted EBIT to €92.7m, driven by premium fashion and sportswear sales.
- Khushru Kanga has started a new position as Head of Program Management at Zalando.
- Zalando is currently seeking a Director of Treasury in Germany.
- Lauren Anne-Cathérine Meister has joined Zalando as Principal Executive Project Manager from her previous role as Senior Business Development Manager at wefox in Germany.
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