The deterioration in the prospects for consumption has its main victim in Europe in Zalando. The German company has launched a ‘profit warning’, has touched during parts of today’s session its biggest daily collapse and in its collapse it has even lowered the price set for its IPO in 2014.
In less than a year, Zalando has gone from being one of the star values of European equities to becoming one of the most collapsed on the stock market. The turnaround has been radical. Fired on the stock market since its debut as a listed company, in 2014, the ini
