Westwing Group: Focused Product Range Increases Efficiency – 30% More Sales per Order

Westwing's stock was considered unattractive to investors for about three years. After a rapid price surge from the end of 2019 to the first half of 2021, it reached a previous high of around €54. This was followed by a drastic crash down to €5 in the second half of 2022. Since mid-2021, the German online retailer has been struggling with weak consumer sentiment, inflationary pressure, supply chain bottlenecks, and geopolitical uncertainties. However, strong half-year results from August 7 and the prospect of a quick return to profitability...