Zalando revenue decreases, profitability improves

Online fashion platform Zalando has released its financial results for the first quarter of this year. Its revenue decreased 0.6 percent, to 2.2 billion euros. In 2023, the revenue in the first quarter came to 2.3 billion euros. However, the platform’s adjusted EBIT rose to 28.3 million euros, representing a margin of 1.3 percent.