Facebook Pinterest Search Icon SourcingJournal_horiz Tumbler Twitter Shape photo-camera graph-trend Shape latest-news icon / user

Inditex Sales Plunge 24% in First Two Weeks of March

COVID-19 recovery is on the horizon but the pandemic's impact on sustainability, retail, product development and consumer buying patterns means the denim industry must evolve. Join Rivet on April 20th at 11 am ET for the COVID, One Year Later roundtable.

Though Inditex ended 2019 with more than $8 billion in the bank, the parent company to Zara has seen sales in the first two weeks of March plunge 24.1 percent, signaling a coronavirus crisis whose full effects have yet to be felt. In a Nutshell: Inditex Group has temporarily closed 3,785 stores in 39 markets, in response to  measures recommended…

This content is for Annual and Limited members only. You can read up to five free articles each month with a Limited Level Subscription. Please log in, or subscribe.

Log In Subscribe

More from our brands

Access exclusive content Become a Member Today!