Malls giant Eurocommercial Properties unveiled its coronavirus strategy Thursday morning given the large number of Italian shopping centres it has. And that strategy focuses on delaying rent payments for some tenants.
H&M, Uniqlo, Gap and Starbucks among others have taken measures to deal with the coronavirus outbreak in China, closing several branches in the Wuhan area and, in some cases, elsewhere in the country too.
Inditex continued to go from strength to strength in the latest quarter and first nine months of its financial year as its omnichannel strategy and focus on stores in the best locations paid off for all brands.
Inditex’s young fashion brand Bershka its strengthening its commitment to sustainability with the launch of a new collection made using eco-friendly materials. This is part of a collaboration with National Geographic.
Zara continues to be the group’s largest brand, while Stradivarius and Uterqüe are the fastest-growing formats. FashionNetwork.com takes an in depth look at brand performance and Inditex’s long-term vision.