• Zalando average gross margin for 2023 was 38.77%, a 4.06% increase from 2022.
• Zalando average gross margin for 2022 was 40.41%, a 5.19% decline from 2021.
• Zalando average gross margin for 2021 was 42.62%, a 1.74% decline from 2020.

Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.