John Mercer, Head of Global Research and Managing Director of Data-Driven Research

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

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. For H&M, 2020 will be the first year for many years that it will see a reduction in total store numbers. We look at their plans and explore the implications.