메뉴 건너뛰기

XEDITION

Board

Zalando Shares Hurt By Marketing Spend As Lockdowns Ease

RGVSheila597405005718 2021.12.19 21:22 조회 수 : 2

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.

600

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 to 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) software to position your links in the top positions of search engines reach the upper half of its guided 400-475 million euros range.

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
21877 Unbranded Wired Computer Gaming Keyboards & Keypads On The Market DieterForsythe238 2021.12.20 3
21876 สกูตเตอร์ไฟฟ้าน่ากลัวหรือน่ากลัว? ดูข้อดีข้อเสีย TonyOcasio0412498613 2021.12.20 1
21875 Teknik Bedakan Situs Judi Sabung Ayam Dapat Dipercaya Serta Penipu ChiBeeston805385482 2021.12.20 1
21874 Mengenali Macam Mesin Judi Online Yang Banyak Dipakai Dalam Permainan MohammedLlanes197422 2021.12.20 2
21873 2021 Mercedes-Benz S580 Is The Bench Mark Formerly Once Again ShaynaCason52484201 2021.12.20 2
21872 Amazon's Jeff Bezos Passes CEO Role To AWS Head Andy Jassy KerryWoodhouse6 2021.12.20 1
21871 Mr Motivator Has Revealed His Granddaughter Hadassah Has Died At The Age Of 12 After Battling Meningitis For Five Days ArletteGuzzi22941 2021.12.20 9
21870 Keuntungan Tergabung Dengan Agen Judi Online Paling Dipercaya MartinEio7058611 2021.12.20 1
21869 Real Estate Wordpress Theme Etics And Etiquette DomenicKwan390916 2021.12.20 6
21868 Manfaat Minum Madu Sebelum Tidur Sybil38F22074240 2021.12.20 4
21867 Những đặc điểm Về Ngoại Hình Và Tính Cách Của Giống Chó Phốc Sóc Onita40T37488878 2021.12.20 1
21866 314 related subscribe... KathrinCastillo 2021.12.20 3
21865 Monogram Denim Jean02H9610080034 2021.12.20 1
21864 T-Mobile Confirms Breach But Still Investigating If Personal Data Was Stolen MaryannManton81438 2021.12.20 2
21863 Fishing Trip In The Keys How To Sc VirginiaPowe6321355 2021.12.20 1
21862 40+ Fashionable Actual Estate WordPress Plugins Reviewed JonnieSuper37402891 2021.12.20 2
21861 Keuntungan Main Di Agen Judi Online Sah RemonaHuitt21089 2021.12.20 1
21860 What Might Locksmith Do To Make You Switch? LoydHateley9982832 2021.12.20 5
21859 The CryptoPunk NFT That Sold For $532 Million. Sort Of DMEBenito2685201961 2021.12.20 4
21858 Who Else Desires Locksmith? NobleFlegg7200763451 2021.12.20 6
위로