Online Retail Giant Zalando’s Still Not Profitable

BERLIN, Germany - On-line retail giant of fashion products Zalando recently reported a 52% increase in turnover to 1.76 billion euro in 2013. Zalando claims to operate the largest logistic center for an e-commerce operator in Europe. However, the company’s operating results remained also in 2013 negative.
Zalando logistic center in Erfurt, Germany. – Photo Zalando