Zalando has opened a new outlet store in Mannheim, making a total of nine such off-price physical stores in Germany. The store covers 1,400 square meters. The opening was initially planned for April, but was postponed due to lockdown regulations in Germany, where only stores with a sales surface of up to 800 square meters were initially allowed to open. Zalando plans to add five more outlet stores by 2022. The off-price segment, which also includes Zalando’s online shopping club, “Zalando Lounge,” and over-stock offers, accounts for about 10 percent of Zalando’s total revenues. The segment’s sales increased by 32.6 percent to €659.3 million in 2019 as compared to the previous year. In the first quarter of 2020, they rose by an additional 35 percent from the year-earlier period.

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