display
Berlin (dpa) - The online fashion retailer Zalando continues to benefit from the increased trend towards internet purchases caused by the corona pandemic.
In the first quarter, revenues rose by almost 47 percent to 2.2 billion euros, as the company announced when it presented its final figures on Thursday in Berlin.
Zalando earned 34.5 million euros net.
In addition to the high demand, lower returns also played into the cards for the Berlin company.
In the previous year there was a loss of 86.4 million euros.
In the weak quarter of the previous year, the corona crisis struck for the first time and temporarily clouded consumers' desire to buy.
In addition, special depreciation had burdened the inventory.
Zalando is now one of the beneficiaries of the pandemic.
The company only raised its annual forecast the evening before.
In order to meet the demand and to be able to grow further, Zalando wants to expand its logistics network from currently ten to 15 logistics centers by 2023.
© dpa-infocom, dpa: 210506-99-487160 / 2