Retail DECODED
Previous edition: 16 May 2024
Share article
Get the full version straight to your inbox.
Exclusive access to our best-in-class data & intelligence
Subscribe now
Zalando reshuffles management board to fit new strategy
European fashion and lifestyle e-commerce platform Zalando is restructuring its management board to better execute its updated strategy.
The move comes as the retailer focuses on two primary growth vectors: business-to-consumer (B2C) and business-to-business (B2B).
The reshuffle will see Zalando co-founder David Schneider transition into a dedicated management board role overseeing these areas, passing on his co-CEO responsibilities to David Schröder.
David Schröder will concentrate on building the B2B operating system to facilitate e-commerce throughout Europe and enhance Zalando's unique capabilities and infrastructure.
Co-founder Robert Gentz will remain as co-CEO, directing efforts to expand Zalando's B2C segment and establish the platform as the premier destination for quality fashion and lifestyle shopping.
Chief people officer Astrid Arndt will take on additional duties to provide a robust foundation for Zalando's ecosystem strategy.
CFO Sandra Dembeck will support the strategy's successful execution with sound financial management, enabling strategic investments for long-term growth and continued margin expansion.
The changes take effect from 1 September 2024.
Schneider said: “One of Zalando’s strengths has always been to adapt our strategy and rotate the roles and responsibilities of its strong leadership team to make sure everyone complements each other and serves the ever-changing needs of customers and partners.
“We are thrilled that David Schröder, who has been an integral part of Zalando's success story since the early days of 2010, will take on the co-CEO role to scale our B2B growth vector. On a personal note, I’m excited to focus even more on serving the needs of partners, lifting our deep partnerships across the industry to the next level.”
The new ecosystem strategy, unveiled in March 2024, aims to capture a larger market share and strengthen customer and partner relationships.
Zalando plans to enhance its B2C offerings, particularly in the sports and children and family categories.
The B2B strategy involves leveraging Zalando’s logistics, software and service capabilities to support e-commerce for brands and retailers, both on and off the Zalando platform.
In February 2024, Zalando committed to enhancing transparency regarding the environmental characteristics of the products it offers.
Latest news
Coca-Cola launches data platform for retail partners
Retailers can now access actionable consumer insights backed by industry trend data through Coca Cola Lens.
Currys lifts full-year adjusted PBT guidance for third timein 2024
British omnichannel retailer Currys has lifted its full-year adjusted profit before tax (PBT) guidance, excluding Greece, for the third time since the start of 2024.
Tesco CEO's pay doubles to £10m amidst soaring profits and staff concerns
The decision has been lambasted by various domestic unions and campaign groups.
GXO deploys robotics solution for European sporting goods retailer
GXO's robots improve output, precision, and safety on site.
Hanshow provides Intergamma with electronic shelf labels
More than 100 of Intergamma’s stores have been fitted with electronic shelf labels to streamline instore operations.
Walmart to lay off hundreds of corporate staff
The retailer has been taking steps to reduce its workforce and as of 31 January 2024 employed 2.1 million associates.
GU's first overseas flagship store to open in New York
GU, the Japanese apparel retailer and sister brand of UNIQLO, today announces the opening of GU NY SOHO, the brand's first overseas flagship store, as well as its online store, in fall 2024.
In our previous edition
Retail Decoded
The Home Depot reports 7% decline in net earnings in Q1 FY 2024
15 May 2024
Retail Decoded
WHSmith unveils 17 locations for Toys R Us shop-in-shops in UK
14 May 2024
Retail Decoded
Tapestry net income drops to $139m in Q3 FY24
13 May 2024
Newsletters in other sectors
Aerospace, Defence & Security
Automotive
Banking & Payments
Medical Devices
Oil & Gas
Travel and Tourism
Search companies, themes, reports, as well as actionable data & insights spanning 22 global industries
Access more premium companies when you subscribe to Explorer