Zalando profit warning shows online retailers on shaky ground
Zalando expects zero growth for this year due to high inflation and declining consumer’ sentiment. This is reported by the German marketing magazine OneToOne. The profit warning of Zalando, an e-commerce platform for clothing and accessories, reads the Morning Star, is indicative of the difficult scenario that online retailers are facing while consumers reduce discretionary spending. This situation, explains the Italian ilSole24ore, drives to some reflections on how consumption and distribution change, with the revenge of the physical retail shopping
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