Online fashion retailer Zalando launches platforms in Slovenia, Slovakia and Lithuania

Online fashion retailer Zalando launches platforms in Slovenia, Slovakia and Lithuania

/ Zalando

By bne IntelliNews June 2, 2021

Online platform for fashion and lifestyle Zalando said on June 2 it launched its new online platform in Slovenia, Lithuania and Slovakia giving customers access to the most comprehensive fashion assortment.

The launches are part of Zalando’s plans to expand in the Central and Eastern Europe (CEE) region where it intends to enter eight new markets by the end of next year.

It is targeting Gross Merchandise Volume (GMV) of over €30bn by 2025, and in the long term wants to take more than 10% of the €450bn European fashion market.

Founded in Berlin in 2008, Zalando offers clothing, footwear, accessories, and beauty to around 42mn active customers in 20 markets.

"Customers in the three countries will benefit from free deliveries and free returns for up to 30 days after purchase, truly bringing the fitting room to their homes," Zalando said in the statement

“For us, the launch of our platform in the three countries is a major step toward being the starting point for Fashion in Europe and opening up the Zalando universe to even more customers,” Lisa Miczaika, Zalando's Vice President for Central Europe said.

Zalando will further expand to Croatia, Estonia and Latvia this year, and Hungary and Romania in 2022.

Read in IntelliNews Pro

Get IntelliNews Pro

Related Content

COMMENT: The EU’s Internal Security Framework is unfit for Cold War 2.0

Lithuanian president agrees to Social Democrat cabinet backed by populist party

Central European countries least likely in the EU to prioritise climate change

COMMENT: The EU’s Internal Security Framework is unfit for Cold War 2.0

Lithuanian president agrees to Social Democrat cabinet backed by populist party

Central European countries least likely in the EU to prioritise climate change

Tech

Open-source code software: no easy solution for Russian companies

According to a recent study conducted by the Russian research group B1, 83% of companies in the country are either already using or planning to implement open-source solutions.

Alibaba's Trendyol opens regional logistics hub in Romania

Trendyol entered the Romanian market earlier this year to strengthen its position in Southeast Europe’s burgeoning e-commerce market.

Bulgaria’s INSAIT launches three new AI models

Institute develops new Bulgarian-language AI models it says deliver "unprecedented performance".

Top Uzbek e-commerce and fintech player Uzum posts $100mn in 9M24 net income

Express delivery service now significant revenue stream. Users represent third of Uzbekistan’s population.

Bitcoin mining in Georgia's Svaneti risks leaving households without power this winter

The mountainous Svaneti region has become a cryptocurrency haven in recent years after the Georgian government slashed electricity prices for highland areas.

Open-source code software: no easy solution for Russian companies

Alibaba's Trendyol opens regional logistics hub in Romania

Bulgaria’s INSAIT launches three new AI models

Top Uzbek e-commerce and fintech player Uzum posts $100mn in 9M24 net income

Bitcoin mining in Georgia's Svaneti risks leaving households without power this winter

Dismiss

Chat with usLiveChat