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Daily Archives: November 3, 2021
- Q3 sales 2.3 bln euros vs analyst consensus for 2.24 bln
- Q3 adj. EBIT 9.8 mln euros vs 118 mln in Q3 2020
- 2021 outlook confirmed
BERLIN, Nov 3 (Reuters) – German online fashion retailer Zalando (ZALG.DE) reported a slump in quarterly profit on Wednesday as it offered discounts to try to keep customers shopping online after physical stores reopened following the easing of coronavirus lockdowns.
Europe’s biggest fashion e-commerce player said its third-quarter adjusted operating profit fell to 9.8 million euros ($11.35 million) from 118 million a year ago, while sales rose 23% to 2.3 billion euros, slightly ahead of analysts’ average estimate of 2.24 billion.
Zalando said its operating profit was in line with the number it posted in the third quarter of 2019, before the pandemic helped
After months of seclusion, going back to school or to the office this fall-winter 2021-2022 has us more lost than usual when it comes to fashion. Many of us stayed in what was worn in March 2020 and then we have not left the tracksuit and comfortable clothes to go out.
But the place of work or study is something else and we cannot (we don’t really want to) go anyway, especially after so long without seeing our colleagues from fatigue, who will surely notice if we are fatter, we have more gray hair or we have more wrinkles.
We care little about all that, but it is the sauce of any office worth its salt, so it is almost an obligation to choose the right style to leave everyone with their mouths open (or closed, in this case).
What do we have to wear to go perfect and set … Read More