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