Zalando Reports €3.2 Billion in Q3 Revenue and Plans AI Checkout for 2027

The growth figures show a business becoming more dependent on services sold to other retailers. B2B revenue rose 27.9% to €354.4 million, while its adjusted EBIT more than doubled to €42.2 million. The division’s adjusted margin reached 11.9%, compared with 7.1% a year earlier.

Zalando’s earnings presentation identifies ZEOS fulfilment as the principal growth driver, with software revenue from SCAYLE and Tradebyte complementing logistics. That performance mattered because the consumer business was under pressure. B2C adjusted EBIT declined 15.9% to €64.4 million, and its margin fell to 2.3% from 2.8%.

The company attributed the pressure to customer offers, particularly in sneakers, and higher marketing spending. On the reported segment figures, the €22.6 million increase in B2B adjusted EBIT more than offset the €12.2 million decline in B2C.

At group level, adjusted EBIT increased 10.6% to €106.5 million, but that measure does not describe the entire profit picture. The quarterly statement shows reported EBIT falling to €13.1 million from €49.1 million. Restructuring costs reached €58.1 million, versus €4.9 million a year earlier…