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Zacks Investment Research downgraded shares of Industria de Diseño Textil (OTCMKTS:IDEXY – Get Rating) from a hold rating to a sell rating in a report issued on Tuesday morning, Zacks.com reports. According to Zacks, “Industria de Diseño Textil, S.A., is a fashion retailer operating worldwide. The company also involves in the business of textile designing, […]
Madrid, Mar 5 (EFE).- Spanish retail giant Inditex, which owns fashion brands such as Zara, Bershka and Pull&Bear, announced Saturday it was “temporarily suspending” its operations in Russia, where it has over 500 stores. The company said both physical stores and online channels would be suspended in response to the Russian invasion of Ukraine. Inditex …
Inditex is one of many multinationals that have suspended business in Russia following its February 24 invasion of Ukraine.
Spanish retail giant Inditex, which owns fashion brands such as Zara, Bershka and Pull&Bear, announced Saturday it was “temporarily suspending” its operations in Russia, where it has over 500 stores.. Zara-owner Inditex suspends operations of its over 500 stores in Russia | Main | English edition | Agencia EFE
Madrid, Mar 5 (Prensa Latina) Famous Spanish brands such as Zara, Bershka and Pull&Bear, belonging to the Inditex chain, announced the temporary suspension of activities in Russia.