During the first quarter of 2019, the German fashion and lifestyle platform recorded a sales revenue of 1.38 billion euros, up +15.2% compared to the first three months of 2018. In the same period, the number of active customers on the site increased to 27.2 million, for a +14.1% increase, and traffic on the site grew to 924 million users, up +29.5%. Nevertheless, the net losses of the company rose to 17.6 million, compared to the loss of 15.1 million recorded during the last quarter in 2018.

“Our focus on the customer paid off during the first quarter, since further progress was made in constructing a starting point for fashion in Europe – commented co-CEO Rubin Ritter in a statement – This development will be reinforced through the strengthening of the Zalando Plus service that is now available in Germany, with activation to occur over the next 12 months also in Switzerland, France, and Italy”.

With the intent of increasing its turnover, the group confirmed its 2019 guidance, which includes an adjusted EBIT between 175 and 225 million euros and capital expenditure of around 300 million euros.