Zalando Stock Jumps On Buy Back And New Business Strategy

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Zalando Stock Jumps On Buy Back And New Business Strategy

German online fashion retailer Zalando has outlined a strategy to return to growth this year after being hit by challenging market conditions post-pandemic. While Zalando – like many online retailers – enjoyed a surge in sales during the global lockdowns, a return to normality post-pandemic has seen sales tail off and increasing competition from fashion
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