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.

Tags: sales inventory virus writes

Category:Consumer Goods and Services

Latest from this category

All news
22.11'Scammers sent courier to steal 4,000'
22.11Spain fines budget airlines including Ryanair 179m
22.11Formulating Biphasic and Triphasic Products
22.11Gatwick terminal evacuated due to security risk
22.1168% of US households have a smart TV, 46% have a streaming media player
22.11Reliance and Disney complete India JV transaction
22.11HbbTV Association appoints Service List Registry
22.11ocilion brings Prime Video and YouTube to its IPTV platform
Consumer Goods and Services »
23.11contactglove tundratracker
23.11
23.11RUSSELUNO
23.11C282 800yd IP54
23.11X-FLY4 27.5
23.118
23.11 (1~40)
23.1101DVDBOX
More »