Zalando eyeing further growth after strong first half

Zalando — the German online fashion retailer, which recently expanded into Ireland— has raised its full year earnings forecast on the back of a strong first-half showing, which saw revenues rise by 31.5% on an annualised basis.

The company opened its Irish office on Dublin’s Barrow Street in April and plans to create up to 200 data and research jobs here.

Yesterday, the Berlin-based company— ranked as Europe’s leading online fashion platform — reported first-half revenues of €1.38bn, up 31.5% year-on-year, and adjusted earnings before tax of €59.2m, a figure which was up from €12.4m for the corresponding period last year.