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Inditex Posts $465 Million First-Quarter Loss

When it’s deliver-or-die, supply chains become the lifeblood of a company. To that end, the fashion industry has embraced technology to navigate today’s hyper-complicated supply chain, with myriad solutions shaping the first, middle and last mile. Call it Sourcing 2.0.

Inditex leaned on its industry-leading supply chain to navigate rough first-quarter waters amid pandemic-induced store closures that drove an influx of sales to its digital channels. In a Nutshell: Online sales rose 50 percent in the first quarter ended May 2, and jumped 95 percent in April alone, helping to offset losses from temporarily closed…

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