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Online fashion retailers are coming under pressure


Konrad Wolfenstein - Brand Ambassador - Industry InfluencerOnline contact (Konrad Wolfenstein)

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Published on: December 19, 2018 / update from: December 19, 2018 - Author: Konrad Wolfenstein

Stationary fashion retailers have not had it easy for a long time, and now online retailers are apparently also finding themselves in difficult waters. As the infographic shows, the share prices of the industry's flagship brands, ASOS and Zalando, have fallen significantly in recent weeks. The British online fashion retailer ASOS recently published a sales and profit warning , which, according to analysts, also weighed on the share price of the German online mail order company Zalando. The fashion companies Sports Direct, Super Dry and Tom Tailor had previously issued sales and profit warnings.

Business for many fashion companies is worse this year. The main reason is the long heat period last summer. It severely disrupted the planning for the season. Both ASOS and Zalando have grown significantly in previous years. Both generate sales in the low single-digit billion range.

Infographic: Online fashion retailers come under pressure | Statista You can find more infographics at Statista

Germany's top 10 online fashion retailers

Amazon may be number one in Germany in relation to the overall market, but when it comes to clothing and shoes, nobody can avoid Zalando. This emerges from the study “E-Commerce Markt Germany 2018” published by Statista and the EHI. The analysts assess the company's sales for the past year to 1.3 billion euros. Bonprix.de (591.3 million euros) and hm.com/de/ (442.4 million euros) follow in second and third place.

Infographic: Germany's top 10 online fashion retailers | Statista You can find more infographics at Statista

 

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