The British childrenswear retailer has almost tripled its red numbers whilst revenue dropped 10% in the period.

The American company, the fourth biggest fashion retailer in the world, has registered a profit of 727 million dollars (636 million euros) between March and November. 

The e-commerce group, one of the biggest in Europe regarding volume of business, has appointed Sara Díez as new vice-president of the woman category. Her designation coincides with the Sergio Odriozola’s departure from the company. 

The Spanish company has just opened its twelfth store in the British capital. At the same time, the group is putting the final touches to its first store opening in the city Oxford.

The American company has appointed as new member of the company’s board of directors John W. Rogers Chairman, CEO and Chief Investment Officer of Ariel Investments

Until now, the executive was the chief manager product and merchandising of zLabels, a subsidiary of e-commerce group Zalando’s own brands. Previously, Odriozola had worked for more than eleven years in Mango.

The Spanish group of department stores will create a purchasing central that will be in charge of managing the hiring of telephonic services, electricity, gas, transport, security, cleaning services or maintenance.

The executive will set off the strategies designed by Geoffroy van Raemdonch, former Ralph Lauren executive, who is leading the United States group since last January.

Jim Brett, who has led the company since June 2017, has now departed from his position. The company is now controlled by a group of three executives.

The Spanish e-commerce company has named Fabio Bonfà as new country manager and will be in charge of managing the markets in Spain, Italy, Brazil and Mexico.