Home Inditex writes down inventory as virus impacts sales
 

Keywords :   


Inditex writes down inventory as virus impacts sales

2020-03-18 11:16:00| Daily apparel & textile news and comment - from just-style.com

Inditex, the owner of brands including Zara and Bershka, has recorded a EUR287m (US$316m) inventory charge on the back of the coronavirus (Covid-19) outbreak which it says has hit its sales in the first two weeks of March. [ more ]

Tags: sales inventory virus writes

Category:Consumer Goods and Services

Latest from this category

All news

18.07Police officers take second jobs to pay the bills
18.07Netflix boss says AI effects used in show for first time
18.07US passes first major national crypto legislation
18.07Spud-tacular: How India became a french fry superpower
18.07Buy now, pay later checks will block some shoppers
18.07Buy now, pay later checks will block some shoppers
17.07Former HSBC trader has fraud conviction overturned
17.07UK's most powerful supercomputer comes online
Consumer Goods and Services »
18.07Atlantic Tropical Weather Outlook
18.07Police officers take second jobs to pay the bills
18.07Netflix boss says AI effects used in show for first time
18.07Atlantic Tropical Weather Outlook
18.07US passes first major national crypto legislation
18.07Eastern North Pacific Tropical Weather Outlook
18.07Eastern North Pacific Tropical Weather Outlook
18.07Spud-tacular: How India became a french fry superpower
More »