European Retail Correspondent, Zurich
Emma's Feed
May 14, 2014
May 14, 2014
May 13, 2014
May 13, 2014

commerce edge helps British retailers expand abroad

BERLIN/PARIS, May 13 (Reuters) – Marks & Spencer Plc
is making a new push to expand abroad, hoping e-commerce will
give Britain’s biggest clothing retailer a better chance to
succeed than earlier attempts to enter new markets.

It is one of several retailers that are using expertise
developed in the UK’s fast-growing e-commerce market to expand
overseas. Store chains like M&S are starting to emulate the
success of online-only fashion players like ASOS.

May 13, 2014
May 9, 2014
May 9, 2014
May 9, 2014

Zalando closer to breakeven as it eyes $5 bln listing

BERLIN, May 9 (Reuters) – Europe’s biggest online fashion
retailer Zalando, considering a possible flotation later this
year, is getting closer to making a profit after it improved the
efficiency of its warehouses in the first three months of the
year.

Zalando said sales rose 35 percent to 501 million euros
($694.53 million) in the first quarter, slightly down from a 36
percent growth rate in the previous quarter, while the group’s
core margin improved significantly in the period.

May 8, 2014
May 8, 2014