Dennis (@GordonGekko83) on getquin

1Yr·

I would like to know your opinion about $HM B (+0.69%) as well as $ZAL (+0.15%) interested. For me, retail like H&M and online retail like Zalando is virtually dead. For me, both companies are doomed. Are there other opinions and why?

2 Comments

Pascal@Finanzios

1Yr

Where do you think people are buying their clothes now?

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Dennis@GordonGekko83

1Yr

That was probably too imprecise. I was referring specifically to the two companies mentioned above. The retail trade, and therefore H&M, is already under enough pressure from online retailing and will find it increasingly difficult to assert itself, especially as the older generation and those for whom online shopping is too complicated are becoming fewer and fewer. Zalando, on the other hand, seems to be doing something wrong in the recent past, or how can zero growth and the drastic drop in profits be explained? The development seems brutally bad to me. Other online retailers and especially the Chinese are putting more and more pressure on the cost side here, so you can virtually only prevail in the "luxury segment"?!

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