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Jun 10, 2020 · Inditex, the world’s biggest clothing retailer, has slumped to its first quarterly loss as a public company and announced a €2.7bn plan that will see up to 1,200 stores closed as part of a push...
- Sarah Provan
Sep 21, 2021 · Zara is recouping its losses as apparel sales rebound. After taking a hit during 2020 due to the coronavirus, the fast-fashion retailer’s revenue has returned to pre-pandemic levels, parent company Inditex reported during its earnings this week.
Dec 15, 2021 · Inditex reported record quarterly sales and profits on Wednesday but shares in the world’s biggest clothing retailer fell as investors worried that the Omicron coronavirus variant may derail the...
Sep 29, 2021 · At this moment the French prosecutors opened a probe into Zara and three other fashion brands over the alleged use of forced labor by Muslim minority Uyghurs in Xinjiang province in China for the cotton production from there.
Jun 11, 2020 · MADRID (BLOOMBERG, REUTERS) - Zara owner Inditex said it is permanently closing as many as 1,200 stores - 16 per cent of it's outlets worldwide - as the world's largest fashion retailer moves to...
Sep 15, 2021 · First and second largest fashion retailers Zara and H&M both posted results today, but only one has recovered from the pandemic.
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Dec 16, 2021 · Zara owner Inditex has posted record sales and profit results for the third quarter, with sales increasing to above pre-pandemic levels, despite shares falling as investors remain concerned about...
