Zalando Co-CEO on Outlook, AI, Competition, Consumer Demand

🇩🇪 Bloomberg (DE) —

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Zalando co-CEO David Schroeder discussed the company's share price performance and outlook from Berlin, acknowledging the stock trades below pre-pandemic highs but expressing confidence in growth. Zalando announced a share buyback program of up to €300 million to boost investor confidence and support its stock.

David Schroeder, co-CEO of Zalando, joined the program from Berlin to address the company's current share price performance. Despite the stock trading below pre-pandemic highs, Schroeder conveyed a positive outlook for the quarter and emphasized efforts to revive investor enthusiasm. The discussion highlighted Zalando's strategic move to implement a share buyback program valued at up to €300 million as a key measure to support the stock and demonstrate confidence in the company's future growth prospects. This interview occurred on Thursday, March 12. (Source: Bloomberg)

Markets Deals AI & Tech Zalando share buyback e-commerce stock performance AI investor confidence Berlin consumer demand

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