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Inditex Sales Plunge 24% in First Two Weeks of March

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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…

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