Zalando cuts outlook again as shares see 20% drop

Zalando, Europe’s biggest online only fashion retailer, has cut its 2018 outlook for a second time in as many months, saying a long, hot summer had taken its toll and wiping as much as 20% off the value of its shares.

Zalando cuts outlook again as shares see 20% drop

Emma Thomasson

Zalando, Europe’s biggest online only fashion retailer, has cut its 2018 outlook for a second time in as many months, saying a long, hot summer had taken its toll and wiping as much as 20% off the value of its shares.

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