Zalando lifts earnings forecast, Q3 growth disappoints

BERLIN, Oct (HKSE: 3366-OL.HK - news) 19 (Reuters) - Zalando (Swiss: OXZALG.SW - news) , Europe's biggest pure online fashion retailer, reported a slowdown in sales growth in the third quarter, but said it had improved profitability, allowing it to lift its guidance for 2016 for a second time. In a statement issued late on Tuesday night ahead of a scheduled trading update on Wednesday, Zalando said sales rose 16-18 percent, slowing from 25 percent in the second quarter as the fashion industry su