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Zalando to drive growth through multi-channel fulfilment following weak 2022 results

Robert Gentz

German retailer Zalando saw net income drop by 92.8% year-on-year (YoY) in 2022, with revenue flat and GMV up just 3%, following strong growth during the pandemic years, as the firm continues to work on re-sizing through job cuts and announces expansion in the multi-channel fulfilment space.

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