메뉴 건너뛰기

XEDITION

Board

Zalando Shares Hurt By Marketing Spend As Lockdowns Ease

ChasityKozak784 2022.03.09 00:35 조회 수 : 3

By Emma Thomasson

BERLIN, Aug 5 (Reuters) - Shares in Zalando fell on Thursday after the German online fashion retailer said it had spent significantly more on marketing to keep its customers shopping online as stores reopened due to the easing of coronavirus lockdowns.

Europe's biggest fashion ecommerce player had 44.5 million shoppers at the end of June after winning customers during the first lockdown in 2020, but the company had to increase marketing spending by 4.6% in the second quarter.

"Zalando has been investing significantly more into customer acquisition and brand marketing to capture the full demand opportunity in the second quarter this year," it said.

Advertising prices have increased as demand has rebounded, including from the travel sector, and as people emerged from their homes, finance chief David Schroeder told analysts, adding he expects lower marketing costs in the long term.

Second-quarter sales came in at 2.73 billion euros ($3.24 billion) and adjusted operating profit at 184.1 million euros, both in line with average analyst forecasts.

Investors, who have become used to Zalando beating forecasts in the last year, had hoped for more.

Analysts at JP Morgan said the results were "strong but disappointing in the context of expectations", while Credit Suisse analysts said unseasonal weather across much of Europe could potentially weigh on third-quarter results.

Zalando's shares were down 8% at 0846 GMT on XGMT.

Shares in British rival ASOS dropped last month when it warned that recent sales growth had slowed due software to position your links in the top positions of search engines uncertainty over COVID-19 and poor weather.

Zalando will put more focus in future on driving sales of beauty products after it announced a strategic partnership with LVMH's Sephora in June, Schroeder said.

He said online sales of beauty products rose to 11% of the total market in 2020 from 8% in 2019, but was still far below the figure for fashion, noting that three out of five customers also buy clothes when shopping for beauty products.

Zalando reiterated it expects full-year sales to grow 26-31% to 10.1-10.5 billion euros and said it now forecasts adjusted earnings before interest and taxation (EBIT) to reach the upper half of its guided 400-475 million euros range.

image.php?image=b9architecture_exteriors

Zalando has also connected 4,700 brick-and-mortar stores to its platform, an initiative it accelerated during the pandemic.

($1 = 0.8448 euros) (Reporting by Emma Thomasson, editing by Anil D'Silva and Elaine Hardcastle)

번호 제목 글쓴이 날짜 조회 수
199 Nine Key Tactics The Professionals Use For Apollo Serve ThaddeusGoble8361 2022.04.13 2
198 Five Suggestions To Start Constructing A Hire Power Bi Developer You In Any Respect Times Needed KathiRuggles12923 2022.04.13 2
197 How To Start Out A Enterprise With Freelance Front End Developer Indonesia EUBSanora3394336 2022.04.12 1
196 Se7en Worst Engineering Software Strategies MelbaBravo5150100 2022.04.12 2
195 Attention: Application Developer KHUZane516874019 2022.04.12 3
194 10 Essential Marketing Skills To Boost Your Career BeverlyW746277356 2022.04.12 3
193 The Right Way To Take The Headache Out Of Graphql Node Server GraceGell67791318719 2022.04.12 1
192 Inside Australia's 'wildest' NYE Party Hosted By OnlyFans Millionaire SheilaSwett117530898 2022.04.12 2
191 The Software Engineer 2021 That Wins Customers JonnaI0558300342566 2022.04.10 1
190 Genius! How To Determine If You Need To Actually Do Associate Software Engineer Jobs In Sri Lanka KeithPalmore98604366 2022.04.09 1
189 Want More Inspiration With Hire Software? Learn This! RPDJayne7045969504 2022.04.09 1
188 Warning Signs On Gaming You Must Know TraceyTovell694 2022.03.31 3
187 Make More Sales Using Creative Saleswriting TZAFelica5915074 2022.03.20 3
186 How To Improve Your SEO And Why It's Crucial For Your Start-up AlbertoAju2477462480 2022.03.15 3
185 Mystic Fuels Afreeca Freecs At LCK Summer Split MaritaDowd35881 2022.03.13 5
184 Think About Crane Hire For Layout Projects RandiIsaacs78399 2022.03.12 4
183 FTC Información Para Consumidores RaulFranciscoParadelo 2022.03.12 1
182 Best Facebook Advertising Strategies JacquieLoar9575 2022.03.11 3
» Zalando Shares Hurt By Marketing Spend As Lockdowns Ease ChasityKozak784 2022.03.09 3
180 Amazon Continues Selling Baby Sleep Positioners Despite Suffocation... Arnoldo81M4115877806 2022.03.08 3
위로