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H&M and Inditex Change Course, Closing Stores To Focus More on E-Commerce

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Coresight Research

What's Inside

H&M and Inditex (owner of Zara), the world’s two biggest clothing specialist retailers, have announced plans to close a greater number of stores in the wake of the coronavirus crisis.

We discuss:  

  • The long-term trend in store numbers at these retailers, including estimates for closures in 2020.  
  • The factors driving the acceleration in H&M’s and Inditex’s store-closure plans. 
  • The implications for total store closures and the demand for physical store space. 
  • Whether any apparel retailers can resist the momentum toward e-commerce and retain a focus on brick-and-motar stores. 

Click here to read our US Store Closures 2020 Outlook 

Click here to read Coresight Research’s ongoing coverage of the coronavirus pandemic, and visit our Coronavirus Tracker for more information on temporary store closures and key developments.

 

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