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Zalando foresees Q1 adjusted EBIT loss amid virus

2020-04-16 12:00:00| Daily apparel & textile news and comment - from just-style.com

German fashion e-tailer Zalando expects to report an adjusted loss before interest and tax of up to EUR110m (US$95.9m) for the first quarter on the back of lower sales growth and an exceptional inventory write-down.

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