1 billion visits, 1 and a half billion revenue: Zalando takes off

Un miliardo di visite, 1 miliardo e mezzo di ricavi: Zalando vola

A billion visits. One and a half billion in revenue. Zalando’s third quarter is stellar. And the forecast, in sight of the Cyber Week and the end-of-the-year festivities, promise even better performances. Meanwhile, the portal announces 6 sustainability objectives and a plan to hire people in Italy.

One billion at the time

Zalando closed its third quarter with a revenue of 1.5 billion euro (+26.7% in comparison to the same period of the previous year). And, for the first time in its history, the portal reached one billion visits (+37.3% over the previous year’s period) reaching 29.5 million clients (+17.5% more than 2018). During the first 9 months of 2019, the e-tailer’s revenue grew by 20.7% to reach 4.5 billion euro. “2019 has been a very succesful year until this point. We have had a positive third quarter, with more active clients. We are growing at an elevated pace in all regions and want to maintain this thrust through the end of the year. We cannot wait to celebrate this upcoming Cyber Week with our clients, along with the summer season”, commented the portal’s CFO David Schröder.

Sustainability one step at the time

Zalando will no longer use mono-use plastic starting in 2023. Moreover, the brand pledges to make efforts toward lengthening the life cycle of 50 million products (one million in 2019). “Fashion is producing and consuming twice what it used to in 2002 – say the Germans -. We are part of the problem, but we also see a direct way to act sustainable but remain profitable. We noticed a 66% increase in the demand for sustainable fashion on our website over the past year. Something is clearly happening”. (Source: Corriere della Sera).

Hiring, more than one at the time

Zalando estimates the creation of 1,000 jobs in the medium term inside its Nogarole Rocca’s warehouse (about 130,000 square meters). The structure that will manage the logistics of the portal will open at the beginning of 2020. As highlighted by Il Sole 24 Ore, the new warehouse will allow Zalando not to just supply products with more speed to Italian customers, but also those stationed in the remaining southern markets of the European Union.

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