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Zalando

  • Zalando: Online fashion giant reports strong growth after push into AI

    Online shopping giant Zalando reported strong growth in the second quarter as it leaned into artificial intelligence (AI) in search of a bigger share of the e-commerce fashion and lifestyle market. Adjusted earnings before interest and taxes (EBIT) rose to €171.6m (£147.3m), an 18 per cent rise from £144.8m year on year in the second [...]

    E-commerce giant Zalando reports high growth after shifting gear to AI

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