Zalando has once again reduced its guidance for the current financial year, indicating that a very hot and long summer affected its sales, resulting in heavy discounting, and delayed the switch to autumn/winter season. The big e-tailer is now expecting its revenues to grow at the low end of its previously projected target range of 20 to 25 percent. Adjusted operating results (Ebit) will be in the $150-190 million range.

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