Zalando boosted by good start to beauty category

Meanwhile, adjusted EBIT was €0.4 million and remained breakeven.

The company now expects full-year revenue growth to be between 20% and 25% with an adjusted EBIT of between €220 and €270 million.

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Zalando co-chief executive Rubin Ritter said: “Growth is our top priority and that’s exactly what we have focused on in the first quarter, despite a challenging fashion market environment. A delayed start of the spring/summer season put pressure on the industry, however, we have our eyes…