Online retailer Zalando announced that its first quarter revenues saw a significant increase, up by 22-24% from last year. Total revenue in the period amounted to €987m increasing from €971m however, despite the strong figures overall earnings in the period stayed relatively flat. Co-chief executive of Zalando, Rubin Ritter noted that the company “are fully on track with our long-term aspirations and keep expanding our business at high speed, while investing into our consumer experience and brand partner proposition.”