|Bid||0.00 x 28600|
|Ask||0.00 x 25500|
|Day's range||21.66 - 22.47|
|52-week range||19.89 - 45.81|
|Beta (5Y monthly)||1.70|
|PE ratio (TTM)||53.05|
|Earnings date||02 Nov 2023|
|Forward dividend & yield||N/A (N/A)|
|1y target est||36.09|
LONDON (Reuters) -Europe's biggest online fashion retailer, Zalando, sees continued pressure on demand for the rest of the year and now expects 2023 sales to decline, the company said on Thursday as it reported weaker than expected third-quarter revenue. Zalando, a multi-brand platform that sells clothes, shoes, and accessories, has been hurt by a pullback in online shopping after a COVID-19 pandemic-era boom, a trend that has also bruised smaller online-only retailers like ASOS and Boohoo. Zalando now expects 2023 revenue to fall by between 0.5% and 3%, having previously guided to a 1% decline at worst.
In this article, we will take a look at the top 25 online shopping sites in the world. If you want to skip our detailed analysis, you can go directly to Top 5 Online Shopping Sites in the World. Online shopping is becoming more common with every passing day. According to a report by Research and Markets, […]
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