Zalando Prioritizes Profitability Despite Revenue Dip
Online fashion giant Zalando reported mixed results for the first quarter of 2024. While revenue dipped slightly to €2.2 billion compared to €2.3 billion in Q1 2023, the company witnessed a significant improvement in profitability. Shifting Focus, Improved Margins This trend aligns with Zalando’s strategic shift announced in 2023. The company is prioritizing profitability and […]