Zalando is enjoying gradual growth as the new season hits the high street.
The fashion etailer’s first quarter revenue has soared by between 22.5% and 24.5% to €788 to €801m according to preliminary figures.
“Zalando has been off to a really good start in 2016. We have picked up speed again since the typically slower Easter Holidays at the end of the first quarter of 2016. We are well on track to deliver on our promise of strong growth and solid profitability for the full year,” said Rubin Ritter, a member of Zalando’s management board.
While these results are preliminary, the etailer’s full first quarter figures will be posted on 12 May.