Inditex plans to close up to 1200 smaller stores globally as it invests more than €2.7 billion in expanding its online capacity and large-format stores.
Spanish apparel retailer temporarily shutters almost 3800 stores in 39 markets internationally in the midst of the coronavirus outbreak.
Inditex shares fall, GameStop sales fall, Amazon Prime hits Brazil and more.
Shares fell despite record revenue and profit gains.
Fashion retailer posts record first quarter sales.
Inditex reports 7 per cent sales growth, but investors wary of slower pace.
Inditex posts slow like-for-like sales growth.
Largest clothing retailer posts an increase in half-year profit.
Clothing retailer says it would sell products from all its brands on the Internet around the world by 2020.
Flagship brand delivers for retail giant.