Avatar - Business Insider
Business Insider
flipped into Retail
Zara's owner says it will close as many as 1,200 stores as it doubles down on online shopping

News

Zara's owner says it will close as many as 1,200 stores as it doubles down on online shopping

Business Insider - Mary Hanbury

Inditex, the parent company of Zara and Massimo Dutti among other brands, is closing between 1,000 to 1,200 stores over the next two years. The Spanish fast-fashion giant announced the news Wednesday as it reported its first-quarter earnings. At the same time, it announced plans to double down on …

View on businessinsider.com
Avatar - Business Insider

What you want to know about business and technology. A division of Insider. Follow Insider on Facebook, Instagram, and YouTube. Visit our homepage for the top stories of the day.

Magazines by Business Insider