Inditex has reported its Q3 20 figures, which showed an encouraging recovery until mid-October. Sales had already reached the same level as that in 2019 over 1-18 October. However, the new round of closures and restrictions in Europe will result in a challenging year-end trading environment for fashion retailers.
On top of the uncertainty related to the pandemic, the excellent management of inventory, advanced development in online-offline integration and strong cash generation will enable the ....
15 Dec 2020
Second wave of lockdowns in Europe weighs on FY performance
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Second wave of lockdowns in Europe weighs on FY performance
Industria de Diseno Textil, S.A. (ITX:MCE) | 0 0 0.0%
- Published:
15 Dec 2020 -
Author:
Jie Zhang -
Pages:
3
Inditex has reported its Q3 20 figures, which showed an encouraging recovery until mid-October. Sales had already reached the same level as that in 2019 over 1-18 October. However, the new round of closures and restrictions in Europe will result in a challenging year-end trading environment for fashion retailers.
On top of the uncertainty related to the pandemic, the excellent management of inventory, advanced development in online-offline integration and strong cash generation will enable the ....