Zalando, the German online fashion giant, has reaffirmed its growth forecasts for 2025 despite "the rapidly evolving geopolitical and macroeconomic conditions," as revealed during the publication of its quarterly results.
The company anticipates a sales increase of up to 9% in clothing and other fashion items on its platform compared to last year, amidst rising global trade tensions, particularly concerning new import tariffs imposed by the former US President Donald Trump.
In the first three months of the year, the platform achieved sales of €3.5 billion, which includes sales from retailers using Zalando’s site.
Zalando’s revenue rose by nearly 8% compared to the same period last year, reaching €2.4 billion.
In the first quarter of 2025, Zalando reported an operating profit (EBIT) of €46.7 million, up from €28.3 million a year earlier.
