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Money Zalando share pre-trading in green: Zalando can more than double profit in the second quarter

10:16  11 august  2020
10:16  11 august  2020 Source:   finanzen.net

DIW economic barometer recovers in July

 DIW economic barometer recovers in July © Reuters / FABRIZIO BENSCH The moon is seen above the Quadriga of the Brandenburg Gate in Berlin Frankfurt (Reuters) - After the massive slump in the corona crisis, the DIW Institute sees it German economy is on the upswing again and expects growth of three percent for the third quarter. The DIW economic barometer had risen to 90 points in July, the Berlin researchers and government advisers said on Wednesday. For the second quarter, however, it is currently only 26 points.

All informations about „ Zalando Expects Double -Digit Growth in 2020“ at Zalando Corporate ✓ Current information about The Partner Program share of GMV grew 4.4 percentage points year-over-year in the first quarter . Additionally, Zalando saw more customers shopping for more sustainable fashion.

Zalando operates a customer-centric platform approach claiming to become "the starting point for Fashion" in Europe. It currently offers more than 300 Zalando was accumulating losses ever since it was founded until it started making profit in 2014. The most important cost factors for Zalando are

DAX turns into the profit zone .
Investors in the German stock market are holding back on Tuesday too. © Provided by Finanz.net TORU YAMANAKA / AFP / Getty Images The DAX entered the session at a discount of 0.67 percent to 12,836.87 points and then made its way onto green territory. The share barometer is currently up 0.42 percent to 12,974.78 points. At the moment there is no sustainable reason for a pronounced risk-taking mood, stated analyst Ulrich Wortberg from Landesbank Hessen-Thüringen Helaba.

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