Zalando SE (ZAL) is trading around €22.03 in early European dealings, within an intraday range of €20.89–€24.22 on Capital.com’s platform as of 10:33am (UTC) on 4 February 2026. Past performance is not a reliable indicator of future results.

The move comes amid continued market attention on Zalando’s recent strategic updates, including management commentary on expanding its business-to-business offering and preparing a first US client deal, alongside prior disclosures of revenue growth in 2025 supported by acquisitions and partnerships (Bloomberg, 16 January 2026). Trading also appears influenced by broader sentiment towards European retail equities, with sector indices showing mixed performance over the past year, while…