Home Fashion Zalando Launches AI Shopping Agent as Discounts Squeeze Margins

Zalando Launches AI Shopping Agent as Discounts Squeeze Margins

Zalando Launches AI Shopping Agent as Discounts Squeeze Margins

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Zalando reported ⁠a 0.9 percentage-point drop in its third-quarter gross profit margin to 38.7%, missing market expectations, according to analysts at Jefferies and JPMorgan.