Inditex shares sink 8% as Zara owner posts fourth-quarter sales jump but points to slowdown
Zara owner Inditex on Wednesday posted a rise in fourth-quarter sales that met expectations but pointed to a slowdown in ...
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Zara plans to close 1,200 outlets and invest heavily in boosting online sales
Zara owner Inditex said it is permanently closing as many as 1,200 stores - 16% of its outlets worldwide - as the world's largest fashion retailer moves to boost online sales after posting its ...