Online fashion retailer Zalando's profit dips as in-store sales rebound - NewsBreak

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By Gomez in Business
Updated 3 years ago

BERLIN, Nov 3 (Reuters) - German online fashion retailer Zalando (ZALG.DE) posted a quarterly profit dip on Wednesday as the pandemic-fuelled e-commerce boom slowed down, as customers shopped more at physical stores that offered deep discounts after the easing of lockdowns. Europe's biggest fashion e-commerce player said adjusted operating profit...