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Jun 10, 2020 · The Spanish group, which owns the Zara and Massimo Dutti chains, on Wednesday laid out ambitions for online sales to account for 25 per cent of total sales by 2022, up from 14 per cent last year.
- Sarah Provan
Sep 29, 2021 · A week later, it wrote off €287 million in inventory and suspended dividends. For the three months until the end of April, the company made its first loss of €409 million since it became the public listed company. In mid-April, Inditex began to fulfil online orders from its shops, while the shops were remaining closed.
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 17, 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.
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...
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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Jun 10, 2020 · Inditex, the owner of Zara, said online sales surged 95% in April as its stores were closed during the coronavirus lockdown in much of Europe. The company said it expected part of the shift to...
