Zalando Prepared as Virus Return Boosts Ecommerce

Zalando said it was well prepared for a second coronavirus wave. (Reuters)
Zalando said it was well prepared for a second coronavirus wave. (Reuters)
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Zalando Prepared as Virus Return Boosts Ecommerce

Zalando said it was well prepared for a second coronavirus wave. (Reuters)
Zalando said it was well prepared for a second coronavirus wave. (Reuters)

German online fashion retailer Zalando said on Wednesday it was well prepared for a second coronavirus wave after it reported better-than-expected profitability due to an “exceptionally” strong spring and summer season.

Third-quarter adjusted operating profit came in at 118 million euros ($137 million) on sales up 22% to 1.8 billion euros, compared to average analyst forecasts for 88 million and 1.86 billion respectively.

The profit figure was flattered by the one-off impact of changes to inventory valuation worth 35 million euros.

It confirmed a full-year outlook it raised last month for adjusted operating profit of between 375 and 425 million euros and for sales to grow 20-22%.

“As the second coronavirus wave is starting more forcefully than anticipated, we are much better prepared than earlier in the year,” said finance chief David Schroeder.

Zalando said it hoped to triple the number of brick-and-mortar stores that can sell across its platform in 2021, adding it has expanded the program to Denmark, Finland and Norway this month, with five more countries to follow in 2021.

Europe’s biggest pure online fashion retailer said the number of active customers rose almost 21% to 35.6 million, while the average order size was up 2.4% to 57.2 euros.



Armani Couture Channels Black as Maestro Misses Paris Bow for 1st Time, Days from 91st Birthday

A model wears a hat during a presentation of creations for Giorgio Armani Privé during the Women's Haute-Couture Fall/Winter 2025-26 collection show at Palazzo Armani in Paris, on July 8, 2025. (AFP)
A model wears a hat during a presentation of creations for Giorgio Armani Privé during the Women's Haute-Couture Fall/Winter 2025-26 collection show at Palazzo Armani in Paris, on July 8, 2025. (AFP)
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Armani Couture Channels Black as Maestro Misses Paris Bow for 1st Time, Days from 91st Birthday

A model wears a hat during a presentation of creations for Giorgio Armani Privé during the Women's Haute-Couture Fall/Winter 2025-26 collection show at Palazzo Armani in Paris, on July 8, 2025. (AFP)
A model wears a hat during a presentation of creations for Giorgio Armani Privé during the Women's Haute-Couture Fall/Winter 2025-26 collection show at Palazzo Armani in Paris, on July 8, 2025. (AFP)

Armani Privé opened Tuesday under an unmistakable shadow. For the first time in the 20-year history of his couture house, Giorgio Armani was not present in Paris to take his bow.

Days from his 91st birthday and following doctors’ advice after a recent hospital stay, Armani reportedly oversaw the Paris couture week show remotely from home, a moment of absence that lands heavily for a designer who has shaped every one of his brand’s collections since its founding.

The show’s theme, “Seductive Black,” played out with literal and symbolic force on the runway: black in myriad forms, from liquid velvet and lacquered silk to pavé crystals and flashes of gold. Even the models’ makeup followed suit, rendered in shades of gray.

For some in the front row, the relentless palette felt pointed. Guests quietly wondered if the choice of black was a coded message from the maestro himself.

This is not the first major show Armani has missed this season. Just weeks ago, he was forced to sit out Milan Fashion Week for the first time in the label’s history, following a brief hospitalization.

According to the brand, the absence was a precaution to save energy for his Paris couture appearance.

For decades, Armani — often referred to as “Re Giorgio,” or King George, in Italy — has been both the creative and business force behind one of fashion’s last great independent empires.

The Tuesday collection balanced tension and control. After an uncertain start, including velvet jodhpurs and stark crystalline seams, Armani’s familiar codes quickly emerged: tuxedo jackets transformed into evening gowns with plunging lapels and floating bow ties, tailored blazers worn on bare skin and military-inspired equestrian jackets paired with slim velvet pants.

Bursts of embroidery and colored feathers provided a balance from the monochrome.

Armani’s recent absences have sent ripples through the industry. In a landscape dominated by conglomerates like LVMH and Kering, Armani remains the sole shareholder of his company, personally overseeing every collection for nearly 50 years. In 2024, Armani Group reported revenues of $2.5 billion, while Giorgio Armani’s personal fortune is estimated at $11–13 billion — even as the global luxury market faces headwinds.

Armani is widely credited with redefining men’s and women’s tailoring, pioneering gender-fluidity in fashion, and inventing celebrity red-carpet dressing, from Julia Roberts to Cate Blanchett. Yet the designer himself has acknowledged that age is now a reality to deal with and that pulling back could be a necessity.

Whether the monochrome collection was a deliberate metaphor or simply a showcase of discipline, “Seductive Black” felt personal — both a mood and a message, perhaps an understated nod to a master whose presence, even in absence, remains absolute.

As the show closed, the final bow belonged to the models alone. But Armani’s vision — uncompromising and unmistakably his — filled the room.