Zalando: no end to growth in sight

Online fashion retailer Zalando does not expect the online boom in fashion retail and its own growth to end soon, despite falling infection figures. "We have been observing the trend of demand towards online for the last ten years", said chief financial officer David Schroder on Thursday at the presentation of the quarterly figures of the Berlin-based company. "This trend has accelerated during the crisis and is definitely not over yet."

Sizable profit after loss a year ago

After weakening at the beginning of the crisis last year, the company has been growing rapidly since then. In the first quarter, earnings rose by almost 47 percent to 2.2 billion euros, as the company announced in Berlin on Thursday. Net Zalando earned 34.5 million euros. In addition to high demand, lower returns also played into the Berlin-based company’s hands. In the previous year, a loss of 86.4 million euros had been incurred.

In the weak prior-year quarter, the Corona crisis had struck for the first time, briefly dampening consumers’ propensity to spend. In addition, special write-downs on inventories had weighed on earnings.

Newspaper publishers feel 'ruckenwind' by performance protection law'ruckenwind' durch leistungsschutzrecht

Newspaper publishers see themselves economically strengthened by the new ancillary copyright for their journalistic content on external platforms. The president of the German Association of Digital Publishers and Newspaper Publishers (BDZV), Mathias Dopfner, said on Thursday at the publishers’ congress "beBeta", an overall trend is becoming apparent: "The headwind of the platforms becomes the tailwind of the publishers."

Days ago, a rough part of the copyright reform came into force, in which also the ancillary copyright for publishers is foreseen. Now a legal framework is in place that allows publishers to introduce paid content in a copy-protection-proof manner, said Dopfner, who is also CEO of the Axel Springer media group (Image, World) is. It would also ensure that platforms have to pay publishers if they want to use content.

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Ssds and ram: servers drive up prices

Both the prices of SDRAM chips and NAND flash devices are expected to rise in the third quarter of 2021. As a result, DDR4 kits and SSDs could become a bit expensive here as well. The market research team at Trendforce attributes the price increases in part to rising demand for servers. In addition, there is the traditionally high demand in the late summer in preparation for the vacation and Christmas season.

Depending on the product category, there is talk of 3 to 15 percent higher prices in the coming months. According to Trendforce, client SSDs could increase by up to eight percent, as could DDR4 UDIMMs for desktop PCs and DDR4 SODIMMs for notebooks.

The generally high demand for desktop graphics cards, notebook graphics chips and the Playstation 5 and Xbox Series X game consoles continues to create severe shortages of GDDR6(X) devices, even though Samsung, SK Hynix and Micron are said to have already converted 90 percent of their graphics SDRAM production to meet the demand. The graphics card prices of the GeForce RTX 3000 and Radeon RX 6000 series have dropped recently, but they are still clearly above AMD’s and Nvidia’s recommendations.