Zalando has expanded its second-hand webshop Zircle to Scandinavia. Customers in Sweden and Denmark can now also buy second-hand fashion items through the online platform.
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The Swedish investment group Kinnevik is dividing its shares in Zalando among its own shareholders. Thus, the fashion platform loses its largest shareholder, accounting for 21 per cent, but at the same time gains a lot of new shareholders.
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In Germany, C&A has decided to join forces with Zalando. The online fashion giant is now also extending its successful "Connected Retail" partner programme to Austria.
How sustainable is online trade? For the first time, a ranking that lists international e-commerce marketplaces according to their sustainability performance is published. Second-hand business models score high in this ranking.
H&Mbeyond, the Swedish fashion giant's innovation lab, and NeXR Technologies are working together to develop a virtual fitting room that will allow customers to try on perfectly fitted outfits quickly and easily.
Zalando now charges a "distance fee" to customers in the Benelux for packages coming from further afield. The free shipping trendsetter is retracing its steps, and others will follow.
COVID-19 represented an unprecedented obstacle for the retail sector in 2020. But what is the concrete impact of the crisis? What can we learn from it, and will we remain under the spell of the Covid story in 2021? Four retail experts reflect, and look ahead.
Rubin Ritter, one of Zalando's three CEOs since 2010, will leave the online fashion retailer in May next year.
During its annual Cyber Week, Zalando attracted no less than one million new customers. The Connected Retail programme also proved to be effective, as partners of the fashion platform generated 30% of the turnover.
For the first time, Zalando has presented a diversity and inclusivity report which offers an insight into the company's efforts and commitments on the subject. From now on, the fashion platform aims to publish this report annually.
It was an exceptional third quarter for Zalando: the online clothing retailer saw sales rise with 29.9%. The platform aims to digitise more physical merchants. Also in Belgium, where fashion chain LolaLiza joins as a new partner.
Zalando brings together eight international brands in a "more sustainable" capsule collection, consisting of 116 garments for the autumn season, as much as possible with environmentally friendly materials, such as organic cotton and lyocell.
Zalando acquires a Swiss developer of mobile body scanning technology. The startup, Fision from Zurich, should allow both shoppers and brands to determine clothing sizes more precisely and reduce the number of returns.
Zalando increases its outlook for 2020 after a strong third quarter. The online platform now expects to sell at least a quarter more this year, after a 20% increase in sales in the past quarter.
Zalando now provides brands with their own virtual shop environments, where they can experiment with content marketing and curate their offer. The so-called Brand Homes are supposed to increase the duration and frequency of visits.
Zalando starts offering second-hand clothing: customers will be able to 'sell' their worn items via the platform, but instead of receiving any money in return, they will receive a gift certificate or a donation to a charity.