Zalando Co-CEO on Outlook, AI, Competition, Consumer Demand
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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)
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Source: This article was originally published by Bloomberg. All rights reserved to the original publisher.
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