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Zalando confirmed its guidance for the year after booking higher revenue for the first quarter thanks to limited-time offers and discounts on premium brands in an environment still marked by high inflation.
The German online fashion retailer XE:ZAL on Thursday posted revenue of 2.26 billion euros ($2.50 billion), up 2.3% on the year. Gross merchandise volume–a key indicator of sales performance–climbed 2.8% to EUR3.24 billion.
“Curated…
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