Zalando EBIT up 72% despite falling Q3 revenues
The group attributed the fall in sales to the impact of the warmest September on record in Europe, which had put customers off buying autumn clothing
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Zalando has reported that its EBIT increased 72% to €23.2m (£20.2m) during Q3, despite revenues and gross merchandise volumes falling by 3.2% and 2.4% respectively.