Gap moves to close 19 stores, putting hundreds of jobs at risk
US fashion chain will close shops when leases end next month, with its remaining 50 outlets in the UK still under review
Source: telegraph.co.uk
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Online trade helps Zara owner Inditex boost sales by half
Its net sales rose by more than €1.6billion to €4.9billion from February to the end of April, with digital purchases climbing 67 per cent, while net cash jumped by a quarter to €7.2billion.
Source: thisismoney.co.uk
Sales at Zara owner Inditex top pre-pandemic levels
Inditex, which is the world's biggest fashion retailer, said sales between May 1 and June 6 were more than double the same period last year, and 5 per cent ahead of 2019.
Source: dailymail.co.uk
Sales soar at Inditex
Online sales at the group, which owns brands including Zara, Pull & Bear and Massimo Dutti, grew by 67%, compared to the same period in 2020. Total
Source: drapersonline.com
Spanish retailer Inditex books €421m profit in first quarter
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Source: irishtimes.com