Online retailer Zalando raises 2025 guidance after About You acquisition
Correct typtographical error in first paragraph Aug 5 (Reuters) - German online fashion marketplace Zalando ZALG.DE raised its 2025 guidance on Tuesday after adjusting its projections to include newly acquired About You YOUG.DE. The Berlin-based company said it expected gross merchandise volumes to grow by 12-15%, up from a previously expected range of 4-9%. (Reporting by Tristan Veyet in Gdansk Editing by David Goodman ) ((Tristan.Chabba@thomsonreuters.com;))
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Brief: Zalando Acquisition On 5 August Did Not Take Place, But Included In Notifications