German online fashion retailer Zalando on Tuesday announced a loss before taxes of €12.3 million ($13.35 million) for the first quarter of the year. This loss was narrower than the €51.7 million loss in the same quarter last year. The company attributes this improvement to higher interest income and lower fulfilment costs. Interest and similar income for the quarter rose to €18 million from €5.9 million, while fulfilment costs decreased to €550.5 million from €594.7 million in the prior-year quarter. Zalando reported earnings before interest and taxes (EBIT) of €0.7 million compared to a loss …