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1. www.ft.com › content › 210dfb4e-ccb2-4b08-8f75-b1c9dZara owner to shut up to 1,200 stores as it sets out €2.7bn ...

   www.ft.com › content › 210dfb4e-ccb2-4b08-8f75-b1c9d

   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...

   • Author: Sarah Provan

2. startuptalky.com › zara-loss-case-studyHow did Zara Face its First Loss [ Case Study] - StartupTalky

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   Apr 13, 2021 · Zara has reported its first loss since going public 2 decades ago due to coronavirus pandemic, Two months later lockdown has forced Zara to shut down almost 90% stores in every country which has caused a drop in his first-quarter sales.

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3. www.bbc.com › news › business-52991009Zara owner sees online sales surge 95% in April - BBC

   www.bbc.com › news › business-52991009

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   Jun 10, 2020 · Even so, the firm booked its first-ever quarterly loss as sales overall dived. Sales fell to €3.3bn (£2.9bn) for the first three months of the month, down from €5.9bn a year earlier.

4. www.forbes.com › sites › katehardcastleZara Results - How Lockdown May Have Changed Fashion Forever

   www.forbes.com › sites › katehardcastle

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   Jun 10, 2020 · In what could be seen as the most significant moment for fashion in decades, has Zara got enough of what it takes to continue to dominate? Talk of the ‘slow fashion’ movement had already ...

   • Author: Kate Hardcastle

5. www.ft.com › content › 017d1eae-d719/4560/9dd0-a0fZara-owner Inditex posts record results but Omicron casts shadow

   www.ft.com › content › 017d1eae-d719/4560/9dd0-a0f

   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 ...

6. www.ft.com › content › 1a5a107e-97f5-4f56-87a1-bZara owner Inditex reports slowdown in sales growth

   www.ft.com › content › 1a5a107e-97f5-4f56-87a1-b

   Dec 13, 2023 · Zara owner Inditex has reported a slowdown in sales growth, underscoring concerns about weakening consumer spending in the fashion sector.

7. People also ask

   Why did Zara lose a quarter?

   • Zara has reported its first loss since going public 2 decades ago due to coronavirus pandemic, Two months later lockdown has forced Zara to shut down almost 90% stores in every country which has caused a drop in his first-quarter sales.

   How did Zara Face its First Loss [Case Study] - StartupTalky

   startuptalky.com/zara-loss-case-study/

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   What's going on with Zara?

   • Barney Jopson in Madrid and Daria Mosolova in London Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Zara owner Inditex has reported a slowdown in sales growth, underscoring concerns about weakening consumer spending in the fashion sector.

   Zara owner Inditex reports slowdown in sales growth - Financial Times

   www.ft.com/content/1a5a107e-97f5-4f56-87a1-b87551bd0d3f

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   Why did Zara's Online sales surge 95% in April?

   • 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 be permanent, with a quarter of sales expected to be online in 2022, up from 14% in 2019.

   Zara owner sees online sales surge 95% in April - BBC

   www.bbc.com/news/business-52991009

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   How did Zara perform in 2020?

   • Their interim results (February 1st 2020 - April 30 2020) highlight: Online sales grew strongly at +50% in the same period. In April, online sales grew 95%. Whilst over 3,500 stores still remain closed worldwide, Zara has relied on its online offer to satisfy shoppers.

   Zara Results - How Lockdown May Have Changed Fashion Forever - For…

   www.forbes.com/sites/katehardcastle/2020/06/10/zara-resultshow-lockdown-may-have-changed-fashion-forever/

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   Why did Zara pull a boycott?

   • The report comes a day after Zara drew criticism for an advertising campaign featuring models alongside mannequins wrapped in white, which some viewers thought was insensitive for resembling images of dead bodies in Gaza. The campaign, which Zara has pulled, triggered calls for a boycott and protests outside some of the chain’s stores.

   Zara owner Inditex reports slowdown in sales growth - Financial Times

   www.ft.com/content/1a5a107e-97f5-4f56-87a1-b87551bd0d3f

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   How does Zara stay ahead of other brands?

   • Since Zara manufactures all of its products in Europe it stays ahead of others by rapidly and continuously changing designs according to the changing trends. This cycle encourages customers to purchase clothes periodically as the clothes which are in-trend today may be replaced by some other trend in the future.

   How did Zara Face its First Loss [Case Study] - StartupTalky

   startuptalky.com/zara-loss-case-study/

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8. www.businessoffashion.com › news › retailZara Owner’s Lean Business Model Helps It Cope With Pandemic

   www.businessoffashion.com › news › retail

   Sep 16, 2020 · The world’s largest clothing chain operator has shown steady improvement after suffering its only loss on record in the first quarter. Chairman Pablo Isla is motoring on with a plan to invest about $3 billion in e-commerce, renovations and new stores over the coming three years to better position Inditex when the pandemic ends.