SHARE

Online fashion giant Zalando sees downturn in group revenue

The German etailer has announced that third-quarter group revenue slipped 3.2% to €2.27bn, while gross merchandise volume declined 2.4% to €3.2bn. The business has said that it predicts “continued pressures on demand” for the rest of the year.

Certification Note

Certified B Corporation” is a trademark licensed by B Lab, a private non-profit organization, to companies like ours that have successfully completed the B Impact Assessment (“BIA”) and therefore meet the requirements set by B Lab for social and environmental performance, accountability, and transparency. It is specified that B Lab is not a conformity assessment body as defined by Regulation (EU) No 765/2008, nor is it a national, European, or international standardization body as per Regulation (EU) No 1025/2012. The criteria of the BIA are distinct and independent from the harmonized standards resulting from ISO norms or other standardization bodies, and they are not ratified by national or European public institutions.