by TEXTILE VALUE CHAIN | Jun 11, 2020 | Apparel, Fashion & Retail, Fashion, News & Insights
The owner of Zara will close as many as 1,200 stores around the world as the clothing retailer tries to boost online sales during the chaos wrought by the Covid-19 pandemic. Inditex said it would “absorb” between 1,000 and 1,200 mainly smaller stores, with losses...