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ZALANDO RETAIL
Retailer Zalando launches AI shopping agent as margins squeezedZalando has launched its inaugural AI shopping agent, aiming to refine its online retail experience significantly. This innovative platform...- Global Market: Shein valuation falls 70% from peak as Hong Kong IPO targets $1.77 billionShein launched its Hong Kong IPO at a valuation of up to $27 billion, around 70% below its 2022 peak, as slowing growth, rising costs and r...
- Global Markets: Fast-fashion giant Shein shrinks value to up to $27 billion in Hong Kong IPOShein is set to launch its Hong Kong IPO with an ambitious goal of raising up to $1.8 billion. However, the company's valuation has plummet...
- European shares slip as tech selloff bites, Zalando slidesEuropean markets retreated from record highs Friday, with tech stocks mirroring global weakness. Zalando shares plunged after a German prob...
- AI-generated ads should be exempt from EU transparency rules, retail association saysThe European Union AI Act, which enters into force on August 2, requires companies to clearly label where artificial intelligence has bee...
- Fashion retailer Zalando loses EU court battle over online content rulesZalando, Europe's biggest online fashion retailer, sued the European Commission after it was designated as a very large online platform (VL...
- Zalando uses AI to speed up marketing campaigns, cut costsUsing generative AI cuts the time needed to produce imagery to around three to four days from six to eight weeks, and reduces costs by 90%,...
- European shares fall as tariff uncertainties weigh; US jobs data in focusEuropean shares fell on Friday as frequent shifts in U.S. trade policy throughout the week resulted in risk aversion, while focus remained ...
- German ecommerce giant Zalando snaps up local rivalZalando, a German online fashion retailer, is set to acquire its rival About You for €1.1 billion. This merger aims to create a stronger Eu...
- European stocks kick-start week on tepid note; ECB policy meet in focusGerman's DAX marginally outperformed broader European equities, boosted by industrials after data showed industrial production rose more th...
- European shares scale new record highs on upbeat earningsThe retail index gained 3.0% and led sectoral gains, helped by a 16.9% surge in Zalando, after the online fashion retailer reported a fourt...
- Fashion’s sales season plastics problem isn’t about packagingIn a world where more than half of clothes are made from cheap polyester, the disposable plastics you wear are a far bigger problem than th...
- European online fashion retailer Zalando cuts 2023 sales forecast as demand stays weakZalando, a multi-brand platform that sells clothes, shoes, accessories, and beauty products, has been hurt by a pullback in online shopping...
- Big Tech braces for roll-out of EU's Digital Services ActAcross the EU, a host of internet giants - including Meta's Facebook and Instagram platforms, Chinese-owned video app TikTok and a handful ...
- Zalando sues EU Commission over landmark online content rulesUnder the Digital Services Act (DSA) which came into force last year, Zalando was labelled a very large online platform (VLOP) because it h...
- Online fashion retailer Zalando to focus on profitability after 2022 slumpIn February, Zalando said it was cutting hundreds of jobs across its workforce of 17,000, saying it had expanded too much and citing a diff...
- Online fashion retailer Zalando to lay off hundreds of employeesIn its last quarterly earnings report in November, Zalando said it expected full-year revenues and operating profit to reach the lower end ...
- CEO of retailer Zalando resigns to prioritise wife's careerThe chief executive of online fashion retailer Zalando is stepping down to focus on his family, saying his wife's career should "take prior...
- European stocks rise on upbeat forecasts from Pandora, Novo NordiskDanish jewellery maker Pandora jumped 10.6% and German online fashion company Zalando rose 3.7% after raising their outlook for 2020 on the...
- European shares lose ground on concerns of second coronavirus waveOil & gas and miners led declines among European sector indexes, while retailers eked out gains at the open.
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