Online platform for fashion, Zalando, has significantly grown over the last few months, and is now coming close to full year 2014 revenue levels even though there is still a quarter left of the year. Now Zalando is aiming for a revenue of 3 billion euros for 2015.
"Clearly Making the Right Investments"
According to a press release from the company, Zalando has spent the last three months focusing on adding new brands to its products range. There has also been an introduction of faster delivery and easier returns.
- Our accelerated growth is driven by very strong customer metrics, so we are clearly making the right investments. We are confident that we will deliver a unique combination of fast growth and clear profitability for the full year, which is also the right path for us going forward, said Rubin Ritter, co-CEO of Zalando.
During the last quarter Zalando's number of customers has gone up to 17.2 million, from 14.1 million last year. Since the second quarter of this year 800 000 new customers are said to have made their way to Zalando.