Whilst sales growth is slowing for certain online and multichannel retailers, German-owned Zalando reported strong growth for its third quarter. Sales for the first nine months of its trading year, to September 30th, were £2.23 billion. In the third quarter itself, revenues were up by 17.1 per cent to £732.5 million.
“It is amazing to see that two years after our IPO, Zalando continues to go from strength to strength.” said Rubin Ritter, co-CEO.
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