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. Zalando 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….

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