fredag 2 september 2016

Fashion forward

Zalando, Europe’s biggest online vendor of clothing and footwear.
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Last year Zalando shipped 55m orders.
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Zalando  sales—of €3 billion ($3.3 billion) in 2015—are rising by around 30% a year.
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Selling fashion in lots of markets is not easy. Half of what Zalando sells (by value) comes back to it in the form of returns, because of problems with fit or style.
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Zalando has relationships with 1,500 brands that supply 150,000 articles. It sells mostly well-known labels. Another online fashion retailer, ASOS, sells only 850 brands of clothing and shoes and relies heavily on its own label. A lure for retailers and brands is that Zalando saves them from having to invest in e-commerce themselves.
http://www.economist.com/news/business/21706332-one-europes-most-interesting-technology-companies-sells-shoes-and-threads-fashion-forward


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