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» Zalando Reports Stronger Sales But Lower Profits
2015-07-22
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Zalando Reports Stronger Sales But Lower Profits
2015-07-22
source own
German sporting goods and fashion shoe retailer, Zalando, reported growth in sales for the 2nd quarter of 2015 but lower profit margins during the same period. Sales turnover increased by 34% but overall profit decreased to between 3-5% for this period from the 2014 figure of 6.4%.
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