Zalando is trading 4.21% up at €25.49 after recovering from the sharp August 5, 2026 selloff.

  • The prior decline followed management’s decision to place 2026 GMV and revenue growth in the lower half of its 12%–17% range.
  • Adjusted EBIT guidance was narrowed to €680–720 million.
  • No new August 6 catalyst clearly explains the rebound, while broader markets are mixed rather than strongly supportive.