European Retail Correspondent, Zurich
Emma's Feed
Feb 12, 2015

Online fashion firm Zalando’s shares leap on profit beat

BERLIN, Feb 12 (Reuters) – Europe’s largest dedicated online
fashion retailer Zalando smashed fourth-quarter profit
forecasts as it reined in marketing spending and grew sales.

Management board member Rubin Ritter told a conference call
for journalists that Zalando had rushed out preliminary figures
ahead of full results due on March 5 because they significantly
exceeded market expectations.

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