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The online fashion and lifestyle products retailer Zalando said its net income in the second quarter rose to €95.7 million from €56.6 million in the second quarter of 2023. Adjusted earnings before interest and taxes (EBIT) rose to €171.6 million from €144.8 million a year earlier. The improvement in profitability was driven by successful inventory management and lower fulfilment costs, with the EBIT margin increasing 0.8 percentage points to 6.5% of revenue. Gross merchandise volume (GMV) rose 2.8% to €3.8 billion in the second quarter compared with a year ago. Revenue grew 3.4% to €2.6 billi…

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