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.
Shares fell despite record revenue and profit gains.
Inditex launches more e-commerce sites to meet 2020 vision.
Zara closing stores, Steinhoff reports loss, and more.
Walmart swallows up Jet.com; Ted Baker issues profit warning; and more.
Chief operations officer promoted, as part of broader push into e-commerce.
Fast fashion house enjoys benefits of local demand.
Inditex reports 7 per cent sales growth, but investors wary of slower pace.
Inditex posts slow like-for-like sales growth.