Tag: online sales

• Saturday, June 13th 2020 - 08:00 UTC

  Zara plans to close 1,200 outlets and invest heavily in boosting online sales

  

  Zara owner Inditex said it is permanently closing as many as 1,200 stores - 16% of its outlets worldwide - as the world's largest fashion retailer moves to boost online sales after posting its first-ever loss due to the Covid-19 pandemic.