Zalando Expects Higher Core Profit and Sales in 2025

FILE PHOTO: Zalando packaging from an online delivery is seen discarded in a cardboard box in Galway, Ireland, August 27, 2020. REUTERS/Clodagh Kilcoyne/File Photo
FILE PHOTO: Zalando packaging from an online delivery is seen discarded in a cardboard box in Galway, Ireland, August 27, 2020. REUTERS/Clodagh Kilcoyne/File Photo
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Zalando Expects Higher Core Profit and Sales in 2025

FILE PHOTO: Zalando packaging from an online delivery is seen discarded in a cardboard box in Galway, Ireland, August 27, 2020. REUTERS/Clodagh Kilcoyne/File Photo
FILE PHOTO: Zalando packaging from an online delivery is seen discarded in a cardboard box in Galway, Ireland, August 27, 2020. REUTERS/Clodagh Kilcoyne/File Photo

Online fashion marketplace Zalando said on Thursday it expected higher profits in 2025, supported by further growth in both its online platform and its business servicing other retailers.
The number of active customers and average order value on the platform increased last year, and Zalando pointed to data that showed online shopping grew in Europe overall, after a pandemic-era boom followed by a bust when shoppers returned to stores, Reuters reported.
Zalando, which sells clothes and accessories from a wide range of brands from Nike to Versace, said it plans to expand into new markets this year, launching in Portugal, Greece, and Bulgaria. The Berlin-based company's biggest market is Germany.
Shares in Zalando were up 1.7% in pre-market trading.
Zalando expects revenue and gross merchandise volume (GMV) to rise between 4% and 9% in 2025, compared with a 4.2% revenue rise to 10.6 billion euros and a 4.5% growth in GMV to 15.3 billion euros last year.
It expects adjusted earnings before interest and taxes (EBIT) of 530 million euros to 590 million euros ($573 million to $638 million) for 2025, up from 511 million euros in 2024.
The guidance excludes Zalando's planned acquisition of rival About You, which is expected to close in summer 2025.



Istituto Marangoni, Fashion Commission Partner on Fashion Education in Saudi Arabia

The Saudi Fashion Commission logo
The Saudi Fashion Commission logo
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Istituto Marangoni, Fashion Commission Partner on Fashion Education in Saudi Arabia

The Saudi Fashion Commission logo
The Saudi Fashion Commission logo

Istituto Marangoni is set to launch its Riyadh campus in August 2025, following in-depth market analysis and assessments conducted in synergy with the Saudi Fashion Commission.

The new Higher Training Institute will offer specialized programs designed to align with the needs of the Saudi fashion and luxury market and contribute to the Kingdom’s economic diversification goals.
The new campus of Istituto Marangoni will be based at King Abdullah Financial District (KAFD), at the Riyadh Creative District (RCD), the new initiative managed and overseen by the Royal Commission for Riyadh City (RCRC).

As the incubator for RCD, RCRC successfully attracted a series of prestigious companies and institutions from the creative industry as tenants for the district.

Instituto Marangoni chose Riyadh as the location of its new campus in the Kingdom because of its dynamic creative ecosystem, growing demand for high-level fashion education, and the city’s strategic role in shaping the future of the industry in the region.

Combining a rich cultural and historic heritage with ongoing technological development and rapid urban transformation, Riyadh is becoming the new hotspot for fashion and innovation, confirming Saudi Arabia’s growing influence on the global fashion industry.

As part of a strategic initiative to support the next generation of Saudi fashion professionals, the Ministry of Culture’s Fashion Commission is supporting Istituto Marangoni in the launch of its new three-year undergraduate Advanced Training Diploma. Istituto Marangoni will therefore provide 50 scholarships for Saudi students enrolling in the program. This opportunity is open to Saudi nationals holding a high school certificate or an equivalent qualification.

On March 17, the scholarship initiative was officially launched on the Istituto Marangoni website through a competitive selection process, giving aspiring Saudi fashion students the chance to receive partial funding for their three-year diploma programs, which will commence in late August 2025.

Istituto Marangoni group managing director Stefania Valenti expressed her gratitude. "A sincere thank you to the Fashion Commission, the Ministry of Culture, the Royal Commission for Riyadh City, and to Ministry of Investment for their invaluable support in establishing this Higher Training Institute,” she said.

“Our mission is to nurture local creative talent by combining global expertise with Saudi heritage, shaping the future leaders of the fashion and luxury industries in Saudi Arabia. This initiative will lay the foundation for developing a new generation of Saudi talents and managers, equipping them with the skills to connect with international markets while embracing the vision of the Fashion Commission and Saudi Vision 2030,” Valenti said.

According to Fashion Commission Chief Executive Burak Cakmak, the partnership “marks a pivotal moment for the Saudi fashion industry.”

“By investing in our local talent and providing them with world-class education, we are not only empowering the next generation of Saudi designers and leaders but also enriching the global fashion landscape with our unique cultural heritage. Together, we are building a sustainable and thriving fashion ecosystem that reflects the ambition of Saudi Vision 2030,” he said.

Strategically located in Riyadh, the institute will offer a diverse range of specialized programs that integrate Saudi heritage with advanced technical and managerial expertise. The three-year undergraduate courses will prepare students for careers in the fashion industry, with programs including "Fashion Design & Accessories,Fashion Communication & Image,Fashion Management,Digital Communication & Media,Fashion Product," and "Fragrances & Cosmetics Management."

The courses will be accredited by the Technical and Vocational Training Corporation (TVTC), the government agency overseeing technical and vocational education in Saudi Arabia.

In addition to undergraduate programs, the institute will provide upskilling and reskilling courses for industry professionals in both full-time and part-time formats. All programs will be delivered by a distinguished faculty composed of both international and local experts, ensuring a high-quality educational experience that meets global industry standards.

To mark this significant partnership, a special Suhoor was held at the prestigious La Petite Maison in Riyadh, bringing together key stakeholders from the Fashion Commission, Istituto Marangoni, and the Saudi creative community.